Assume Dave borrowed $360 on his personal line of credit Interest is charged at a rate of 17 percent, but calculated on a daily basis Dave is required to pay a minimum of 5 percent of the remaining loan balance every month What would be Dave's first monthly loan payment? Assume a 30-day month and a 365 day year. (Round your answer to 2 decimal places. Omit the "S" sign in your response.) Monthly loan payment