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Business, 12.12.2019 03:31 datboi995

Sidney took a $200 cash advance by using checks linked to her credit card account. the bank charges a two percent cash advance fee on the amount borrowed and offers no grace period on cash advances. sidney paid the balance in full when the bill arrived.

(a) what was the cash advance fee? (b) what was the interest for one month at an 18 percent apr? (c) what was the total amount she paid?

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