A credit card company charges a customer 1.05% per month on the unpaid balance of charges on the credit card. What is the finance charge in a month when the customer has an unpaid balance of $150.84? Round your answer to the nearest cent.
A) $1.58
B) $0.16
C) $15.84
D) $149.26
E) $152.42
A) $1.58
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