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Year 12 Maths Standard 2 Investments and Loans

Fees and Charges for Credit Card Usage

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Question 1
130553

Alan's bank charged an annual credit card fee of \(\$ 250\), a cash advance charge of \(\$ 2.50\) and a late payment fee of \(\$ 12.00\). What was Alan's banking costs for the year on 6 cash advances and 2 late payments?

\(\$ 289\)

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