Alex was late on his property tax payment to the county. He owed $2,649 and paid the tax 8 months late. The county charges a penalty of 11% simple interest. Find the amount of the penalty. Alex will have to pay a penalty of $ (Round to the nearest cent as needed.)
Alex was late on his property tax payment to the county. He owed $2,649 and paid the tax 8 months late. The county charges a penalty of 11% simple interest. Find the amount of the penalty. Alex will have to pay a penalty of $ (Round to the nearest cent as needed.)
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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