Many bank credit cacd issuers charge a transaction fee for non-ATM cash advances. Eric has...
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Many bank credit cacd issuers charge a transaction fee for non-ATM cash advances. Eric has a bank credit card. If be takes a non-ATM cash advance, the bank will charge him 2% of the ameunt of the advance, or a flat fee of $5, whichever is more. Eric needs to obtain a nan-ATM cash advance of $350 What is his transaction fee? 5
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