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Suppose a card is offered with a 0 % introductory rate. A student decided to get the credit card and immediately took a cash advance
Suppose a card is offered with a introductory rate. A student decided to get the credit card and immediately took a cash advance of $ The cash advance had a annual rate which started immediately. The account also had a $ late fee with any late payment. If the student missed making the first month's payment, what will be their new total balance at the start of the second month?
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