On May 01, Alana spent $1850 of her $2000 credit card limit buying furniture for her new apartment. She didn't make any other purchases in the month of May.

a. On June 01, Alana made the minimum payment of $35 that was charged on her credit card. After her payment, interest took effect, and her new balance was $1845.77. What is the nominal interest rate of her credit card compounded daily?

Round your answer to two decimal places, and use this rounded value for the remainder of the case.