Henry Black's property taxes of $1,726 were due on September 12. The municipality charges a $7 \frac { 3 } { 4 } \%$ simple interest penalty, calculated by the ordinary interest method, for the time the payment is late. Henry paid the taxes on October 20. What was the amount of his payment? (Round to the nearest cent)

Question

Henry Black's property taxes of $1,726 were due on September 12. The municipality charges a

7 \frac { 3 } { 4 } \%

simple interest penalty, calculated by the ordinary interest method, for the time the payment is late. Henry paid the taxes on October 20. What was the amount of his payment? (Round to the nearest cent)

Quizplus · Accepted Answer

The Answer of Henry Black's property taxes of $1,726 were due on September 12. The municipality charges a $7 \frac { 3 } { 4 } \%$ simple interest penalty, calculated by the ordinary interest method, for the time the payment is late. Henry paid the taxes on October 20. What was the amount of his payment? (Round to the nearest cent)

Henry Black's Property Taxes of $1,726 Were Due on September 734%7 \frac { 3 } { 4 } \%743​%

Henry Black's Property Taxes of $1,726 Were Due on September $7 \frac { 3 } { 4 } \%$