Phoebe sued Phyllis and was granted judgment on October 25, Year 1, totaling $9,741.62 inclusive of the judgment, prejudgment interest and costs. Postjudgment interest in accordance with the CJA rate of 3% per year was awarded. It is now May 15, Year 2. Year 2 is a leap year. What does Phyllis owe including post judgment interest?''

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter15: Choice Of Business Entity—other Considerations
Section: Chapter Questions
Problem 51P
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Phoebe sued Phyllis and was granted judgment on October 25, Year 1, totaling $9,741.62 inclusive of the judgment, prejudgment interest and costs. Postjudgment interest in accordance with the CJA rate of 3% per year was awarded. It is now May 15, Year 2. Year 2 is a leap year. What does Phyllis owe including post judgment interest?''

 

 

 
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