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Cook 5ecurny Systems has a $37,500 line of credit, which charges an annial percentage rate of prime rate plut 4%. The starting balance on October

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Cook 5ecurny Systems has a $37,500 line of credit, which charges an annial percentage rate of prime rate plut 4%. The starting balance on October i nas 59,500 On October 4 they made a payment of \$ $,000. On Octeber 13 the butiness boriowed 42,3004 and on October 19 they berewed $4,200,3 the current pnime rake is 6\%, what is the new balance (in 4) ? (keund your answer to the nearest cent.)

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