The Moneybuilder account offered by a chartered bank calculates interest daily based on the daily closing balance as follows:
The balance at the beginning of March was $1678. On March 5, $700 was withdrawn. Then $2500 was deposited on March 15, and $900 was withdrawn on March 23. What interest will be credited to the account for the month of March?

Question

The Moneybuilder account offered by a chartered bank calculates interest daily based on the daily closing balance as follows:  
The balance at the beginning of March was $1678. On March 5, $700 was withdrawn. Then $2500 was deposited on March 15, and $900 was withdrawn on March 23. What interest will be credited to the account for the month of March?

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The Answer of The Moneybuilder account offered by a chartered bank calculates interest daily based on the daily closing balance as follows:  
The balance at the beginning of March was $1678. On March 5, $700 was withdrawn. Then $2500 was deposited on March 15, and $900 was withdrawn on March 23. What interest will be credited to the account for the month of March?

The Moneybuilder Account Offered by a Chartered Bank Calculates Interest