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An accountant for a corporation forgot to pay the firm's income tax of $725,612.07 on...

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Finance

An accountant for a corporation forgot to pay the firm's income tax of $725,612.07 on time. The government charged a penalty of 9.3% interest for the 37 days the money was late. Find the total amount (tax and penalty) that was paid. Assume 365 days in a year.

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