Math, multiple choice! i will give 10 points! need asap!
kerry's credit card statement showed these items:

last balance-$98.32, payments-$30, finance rate-1.5%, new charges-$58.28

what is the finance charge on the unpaid balance?

1. $1.02
2.$1.92
3.$1.90
4.$2.53

Option 1 - $1.02

Step-by-step explanation:

Given : Last balance-$98.32, payments-$30, finance rate-1.5%, new charges-$58.28

To find : What is the finance charge on the unpaid balance

Solution : Last balance = $98.32

Payments = $30

Unpaid balance = Last balance - Payments

                           = $98.32 - $30

                           = $68.32

Finance charge on the unpaid balance = Finance rate × Unpaid balance

Finance charge

Therefore, Option 1 is correct. The finance charge on the unpaid balance is $1.02.

step-by-step explanation: