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Your bank card has an APR of 21 % and there is a 3 % fee for cash advances . The bank starts charging interest

Your bank card has an APR of 21 % and there is a 3 % fee for cash advances . The bank starts charging interest on cash advances immediately . You get a cash advance of the first day of the month . You get your credit card bill at the end of the month . What is the approximate total finance charge you will pay on this cash advance for the month ? Assume each month has 30 days . \$500 on

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