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Question: lionel has to pay a penalty for filing his taxes...

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Lionel has to pay a penalty for filing his taxes 66 months late. The IRS charges 25% annual interest on late payments. How much does Lionel owe if his original tax bill was $5,000? A) 12,446,030,566 B) 18,060 C) 19,065 D) 16,650 E) 17,060 E)

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