Tom has offered to sell julian his motorcycle for $1,200. julian knows this is a very good deal, since the same motorcycle can be purchased at the dealership for $1,800. since julian doesn’t have $1,200 and tom does not accept credit cards, they both think a cash advance might be a good idea. julian’s credit card company can offer him a cash advance for the $1,200 he needs at an interest rate of 26%. he would then pay off the balance in 24 months. should julian use the cash advance to purchase the motorcycle?