Penny invested $4500 on October 28 at a floating rate of interest that initially stood at 6.3%.

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Penny invested $4500 on October 28 at a floating rate of interest that initially stood at 6.3%. Effective December 2, the rate dropped by 1/2 %, and then it declined another ¼ % effective February 27. What total amount of principal plus interest will Penny receive when the investment matures on March 15? Assume that the new year is a leap year.
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