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1. Dave borrowed $500 for one year and paid $50 in interest. The bank charged him a $5 service charge. What is the finance charge

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1. Dave borrowed $500 for one year and paid $50 in interest. The bank charged him a $5 service charge. What is the finance charge on this loan? 4. Bobby is trying to decide between two credit cards. One has no annual fee and an 18% interest rate, and the other has a $40 annul fee and a 8.9% interest rate. Should he take the card that's free or the one that costs $40

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