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A savings account pays interest at 0.5% on the first $1,000 portion of the balance, 0.75% on the next $2,500 portion and 1.25% on the

A savings account pays interest at 0.5% on the first $1,000 portion of the balance, 0.75% on the next $2,500 portion and 1.25% on the portion of the balance over $3,500. Interest is calculated on the daily closing balance and paid monthly. How much interest would be paid on March 31st if on March 1st, the balance was $1,225, $2,600 was deposited on March 18th and $3,200 was withdrawn on March 29th

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