A credit card has a monthly rate of 1.45% and uses the average daily balance method for calculatin interest. Here are some of the details in the June 1 - June 30 itemized billing: June 1 Unpaid Balance: $421.20 Payment Received June 15: $180.00 Purchases Charged to the account: $258.72 Average Daily Balance: $357.00 Last Day of the Billing Period: June 30 Payment Due Date: July 9 Minimum payment terms are shown below. New Balance $0.01 to $10.00 $10.01 to $200.00 $200.01 to $250.00 $250.01 to $300.00 $300.01 to $350.00 $350.01 to $400.00 $400.01 to $450.00 $450.01 to $500.00 Over $500.00 Minimum Payment No payment due $10.00 $15.00 $20.00 $25.00 $30.00 $35.00 $40.00 1/10 of new balance What is the minimum payment due by July 92 $49.99 $40.00 $50.72 $50.51