Question

Sarah Hakim received a hydro bill for $32.15, but lost it. If there is a 5% late penalty for

late payments, and Sarah pays after the due date, how much penalty must she pay?

Answer 1

Answer:

Penalty = $1.61

Step by step solved:

If Sarah received a hydro bill for $32.15 and there is a 5% late penalty for late payments, the penalty amount would be:

Penalty = 5% of $32.15
Penalty = 0.05 x $32.15
Penalty = $1.61

So, if Sarah pays after the due date, she would need to pay a penalty of $1.61 in addition to the original bill amount of $32.15. Therefore, her total payment would be:

Total Payment = Original Bill Amount + Penalty
Total Payment = $32.15 + $1.61
Total Payment = $33.76

Therefore, Sarah would need to pay a penalty of $1.61 for paying her hydro bill after the due date.