Tanya uses her credit card to obtain a cash advance of $600 to pay for her eyeglasses.

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Tanya uses her credit card to obtain a cash advance of $600 to pay for her eyeglasses. The interest rate charged for the loan is 0.05477% per day. Tanya repays the money plus the interest after 27 days.

a) Determine the interest charged for the cash advance.

b) When she repaid the loan, how much did she pay the credit card company?

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Related Book For  answer-question

A Survey Of Mathematics With Applications

ISBN: 9780135740460

11th Edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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