On May 1, the unpaid balance on a credit card is $132. During the month, purchases of $16.95, $82.64, and $5.35 are made. Using the previous balance method, what is the unpaid balance on June 1, if the finance charge is 1.9% of the unpaid balance and a payment of $90 is made May 12?

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The unpaid balance on May 1 is $132. The finance charge is 1.9% of $132, which is $2.51. The total purchases during May are $16.95 + $82.64 + $5.35 = $104.94. The payment made on May 12 is $90. The new balance on June 1 is $132 + $2.51 + $104.94 - $90 = $149.43.

On May 1, the Unpaid Balance on a Credit Card