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Gabriel Defaulted on Her Tax Worth $4189

Question 22

Multiple Choice

Gabriel defaulted on her tax worth $4189.00. CRA audited her and after 31 months sent her the tax bill, which also included an interest rate compounded annually at 3.75% p.a. What is the total tax due, if Gabriel pays it immediately on receiving the notice?


A) $13 114.19
B) $4614.12
C) $4222.90
D) $4606.94
E) $4592.83

Correct Answer:

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