A $150 bicycle was purchased on December 1 with a $15 down payment. The balance is to be paid at the rate of $10 at the end of each month, with the first payment due on December 31. The last payment may be some amount less than $10. If interest on the unpaid balance is computed at 1.5% per month, what is the present value of the final payment?

A. $133

B. $10

C. $16.57

D. $1.57