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Claudia used a credit card to help cover college expenses that has an an annual interest rate of 2 1 % compounded daily ( assume

Claudia used a credit card to help cover college expenses that has an an annual interest rate of 21% compounded daily (assume the credit card uses 365 days in a year for calculations). Suppose on September 1st her balance was $5213.25 and that she does not use the credit card to make any purchases in September. On September 30th, she makes a payment of $200. What is her balance on October 1st?

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