Financial charge and cash advance question?

Credit on August 26th, 2010 1 Comment
Mathcaptor Crescendo asked:

A credit card company charges a daily finance charge of 0.0722% on all cash advances. How much would your finance charge be if you borrowed $200.00 for 60 days using the cash advance?

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One Response to “Financial charge and cash advance question?”

  1. Stephen T says:

    0.0722 times 200 times 60 and add to the $200.