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OpenStudy (anonymous):
Molly Ellen, bookkeeper for Keystone Company, forgot to send in the payroll taxes due on April 15. She sent the payment November 8. The IRS sent her a penalty charge of 8% simple interest on the unpaid taxes of $4,100. Calculate the penalty. (Remember that the government uses exact interest. i keep getting the wrong answer. I don't know what i'm doing wrong.
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