Mathematics, 28.03.2021 21:40 27lcasselberry
Suppose a card is offered with a 0% introductory rate. A student decided to get the credit card and immediately took a cash advance of $615. The cash advance had a 24% annual rate which started immediately. The account also had a $40 late fee with any late payment. If the student missed making the first month's payment, what will be their new total balance at the start of the second month?
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