8. (2 marks) 019-02-20 Page 3 of 8 8: Financial Literacy Assignment Mathematics 11 Financial Literacy 8: Send-In Assignmer 9. A customer receives a new credit card and makes the following transactions. A cash advance of $1000 on October 10. She then makes $2000 purchase between October 12 and October 21. Her due date on the bill is November 3 and the yearly interest rate is 18%. Interest is only on cash advances and overdue payments. How much does she owe? 9. (3 marks) 10. A customer has two payment options at a local furniture store when purchasing appliances worth $600 a) Option1 Down payment of 15%. If paid off within 12 months, no interest charged. If paid off after 12 months, simple interest is charged at 18% per year from the date of purchase. How much would the customer pay using this option if he made one payment for the entire balance after 12 months