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What is the approximate total finance charge you will pay

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Question - Your bank card has an APR of 9% and there is a 1% fee for cash advances. The bank starts charging interest on cash advances immediately. You get a cash advance of $3,000 on the first day of the month. You get your credit card bill at the end of the month. What is the approximate total finance charge you will pay on this cash advance for the month?

Reference no: EM133116596

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