The cash balance in Amalias account with her stockbroker earns interest on the daily balance at an

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The cash balance in Amalia’s account with her stockbroker earns interest on the daily balance at an annual rate of 4%. Accrued interest is credited to her account every six months—on June 30 and December 31. As a result of the purchase and sale of securities from time to time, the account’s balance changed as follows:

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What interest was credited to Amalia’s account on June 30? The brokerage firm includes interest for both January 1 and June 30 in the June 30 payment. Assume that February had 28 days.
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