Question: Ch. 5 Problems 5 Problems Help Save& Exit Submit Check my work 8 Sidney took a cash advance of $700 by using checks linked to

 Ch. 5 Problems 5 Problems Help Save& Exit Submit Check my
work 8 Sidney took a cash advance of $700 by using checks

Ch. 5 Problems 5 Problems Help Save& Exit Submit Check my work 8 Sidney took a cash advance of $700 by using checks linked to her credit card account The bank charges a cash advance fee of 2 percent on the amount borrowed and offers no grace period on cash advances. Sidney paid the balance in full when the bill arrived 10 a. What was the cash advance fee? (Round your answer to 2 decimal places.) advance fee b. What was the interest for one month at an APR of 12 percent? (Round your answer to 2 decimal places.) c. What was the total amount she paid? (Round your answer to 2 decimal places.) Total amount Prev8 of 10 Next > MacBook Air 30 2 3 4 6 c. What was the total amount she paid? (Round your answer to 2 decimal places.) d. What if she had made the purchase with her credit card and paid off her bill in full promptly? Assume the credit card has a 30-day grace period. (Round your answer to 2 decimal places.) dolla MacBook Air 888F 2 3 4 5

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