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A charge account had a balance of $ 9 7 7 on May 5 . A purchase of $ 2 8 3 was made on

A charge account had a balance of $977 on May 5. A purchase of $283 was made on May 17, and a payment of $150 was made on May 20. The interest on the average daily balance is 1.2% per month. Find the finance charge on the June 5 bill. (Round your answer to the nearest cent.)

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