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9 June, 09:47

You take out a cash advance of $1,670.00 on a credit card with a 2% cash advance fee and a 13.5% APR. What is the amount due by the end of the month?

A.

$1,722.56

B.

$1,895.45

C.

$1,933.36

D.

$1,703.40

+2
Answers (2)
  1. 9 June, 11:00
    0
    I think it's either A or D.
  2. 9 June, 11:02
    0
    A=1,670 * (1+0.135:12) + 1,670*0.02

    A=1,722.19
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