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The unpaid balance in an account on May 1 was $153. A purchase of $11 was made on May 7 . A $85 payment was
The unpaid balance in an account on May 1 was $153. A purchase of $11 was made on May 7 . A $85 payment was made on May 20 . The finance charge rate was 1.25% per month of the verage daily balance. Find the new balance at the end of May A. $80.61 B. 568.70 C. $153.72 D. $80.25
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