SOLUTION: On October 18, Marge Smith paid a state income tax payment, which was due on June 30. The penalty was 9% simple interest on her unpaid tax of $698. Find the penalty using exact int

SOLUTION: On October 18, Marge Smith paid a state income tax payment, which was due on June 30. The penalty was 9% simple interest on her unpaid tax of $698. Find the penalty using exact int

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Question 675380: On October 18, Marge Smith paid a state income tax payment, which was due on June 30. The penalty was 9% simple interest on her unpaid tax of $698. Find the penalty using exact interest.
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
$104.70
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