In an Emergency,you Used Your Credit Card for a $500

Multiple Choice

In an emergency,you used your credit card for a $500 cash advance.You just received your statement and your total balance due is $1,859,and the cash advance was the most recent charge.You want to be sure to pay for the cash advance so you send in a payment of $700.Your credit card has an APR of 12 percent.How much of your payment will apply to the cash-advance balance?

A) Because it was the most recent charge,$500 of the payment will apply to the cash-advance balance.
B) It doesn't make any difference because the $1,859 balance includes the cash advance,the $700 payment will lower your total balance regardless,so the amount applied to the cash-advance balance is irrelevant.
C) There isn't enough information to answer the question,because the answer depends on the cash advance's interest rate.
D) None of the above