Kurt borrowed 225 for 18 days on his credit card using a cash ...

[sdfghj]

Kurt borrowed 225 for 18 days on his credit card using a cash advance. His credit company charged a cash advance fee of 12 and a daily periodic interest rate of 0.054. What was the total finance charge on the cash advance?

Question 2

Michelle Peterson's credit card statement for the month of December showed a membership fee of 40, a late fee of 15, a finance charge of 11.72, and an over-the-limit fee of 14. What was the total cost of the card to Michelle in December?

[pocatato]

Answer to Question 1

14.19

Answer to Question 2

80.72