Woody's cafe real estate tax of $1,110.85 was due November 1, 2013. Due to financial problems, Woody was unable to pay his cafe's real estate tax bill until January 15,2014. The penalty for late payment is 8 1/4% ordinary interest. answer the following questions: (a) how much is the penalty woody must pay and (b) what did woody pay on january 15? round all answers to the nearest cent.
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