I need help with a Statistics question. All explanations and answers will be used to help me learn.

An accountant for a corporation forgot to pay the firm’s income tax of $725,642.73 on time. The government charged a penalty of 9.5% interest for the 35 days the money was late. Find the total amount (tax and penalty) that was paid. Assume 365 days in a year.

Total amount paid was$______