The Unpaid balance is $94.32, Finance charge is $1.179 and new balance is $148.079.
Unpaid balance:
Unpaid balance=Previous balance-Payments/credits
Unpaid balance=$179.32-$85.00
Unpaid balance= $94.32
Finance charge:
Finance charge =Finance charge×Monthly rate
Finance charge=$94.32×1.25%
Finance charge=$1.179
New balance:
New balance =Previous balance-(New purchases-Payments/credits)+Finance charges
New balance=$179.32-($117.42-$85.00)+$1.179
New balance=$179.32-$32.42+$1.179
New balance=$148.079
Therefore the Unpaid balance is $94.32, Finance charge is $1.179 and new balance is $148.079.
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