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A depositor places $5000 in a Credit Union deposit accountfor a full year but then withdraws $1000 after 270 days.At the end of the year,
A depositor places $5000 in a Credit Union deposit accountfor a full year but then withdraws $1000 after 270 days.At the end of the year, the Credit Union pays her $300 in interest. What is the depositor's daily average balance and APY ?
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