Travis Thompson uses his credit card to obtain a cash advance of​ $600 to pay for his textbooks in medical school. The interest rate charged for the loan is 0.045580.04558​% per day. Travis repays the money plus the interest after 2323 days. ​a) Determine the interest charged for the cash advance. ​b) When he repaid the​ loan, how much did he pay the credit card​ company?       Question content area bottom Part 1 Interest chargedalmost equals≈​$enter your response here ​(Round to the nearest​ cent.)

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
Problem 1CT
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Travis Thompson uses his credit card to obtain a cash advance of​ $600 to pay for his textbooks in medical school. The interest rate charged for the loan is
0.045580.04558​%
per day. Travis repays the money plus the interest after
2323
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?
 
 
 

Question content area bottom

Part 1
Interest
chargedalmost equals≈​$enter your response here
​(Round to the nearest​ cent.)
 
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