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Katie had an unpaid balance of $883.92 on her credit card statement at the beginning of May. She made a payment of $445.00 during the
Katie had an unpaid balance of $883.92 on her credit card statement at the beginning of May. She made a payment of $445.00 during the month, and made purchases of $23.04. If the interest rate on Katie's credit card was 20% per month on the unpaid balance, find her finance charge and the new balance on June 1. Round to the nearest cent.
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