Penalty daily

John was to pay CZK 1,500. If he does not pay on time, he will be charged a penalty of 0.5 per mille of the amount owed for each day of delay. He will remember in 30 days. How much is the penalty?

Correct result:

p =  22.5 Kc

Solution:

q=0.5/1000=12000=0.0005 p=30 q 1500=30 0.0005 1500=452=452 Kc=22.5 Kc



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