Question 1 2.5 pts Republic Bank pays 3.25% interest, compounded monthly. (1) What is your average daily balance for March? (2) How much interest will you have earned if you have the following transactions? (March has 31 days) DATE March 1 ACCOUNT ACTIVITY BALANCE beginning balance $3,500 March 9 withdraw $1,500 $2,000 March 25 deposit $800 $2,800 $3,816.13 average daily balance; $16.05 in interest $2,567.74 average daily balance; $7.09 in interest $2,789.35 average daily balance; $5.76 in interest O $3,610 average daily balance; $6.59 in interest