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Travis Thompson uses his credit card to obtain a cash advance of $ 6 0 0 to pay for his textbooks in medical school. The
Travis Thompson uses his credit card to obtain a cash advance of $ to pay for his textbooks in medical school. The interest rate charged for the loan is per day. Travis repays the money plus the interest after days.
a Determine the interest charged for the cash advance.
b When he repaid the loan, how much did he pay the credit card company?
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