Homework Answers
| a | The penalty shall be levied from December 15,2019 to February 27,2020 | ||
| No. of days in December =365 days - 348 days =17 days | |||
| No. of days in from Jan 1 to Feb 7,2020 =58 days | |||
| Total No. of days in which penalty will be levied =17 days + 58 days =75 days | |||
| Penalty that must be paid =$2,010.88*75 / 365 =$413 | |||
| b | Total amount to be paid on Feb 27,2020 =$2,010.88 + $413.20 =$2,424 | ||
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