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 On March 5, $700 was withdrawn. Then $2500 was deposited on March 15, and $900 was withdrawn on March 23.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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Interest rate (%) 0.00 1.25 1.75 Amount to which the rate applies Balance when it is below $1000 Entire balance when it is between $1000 and $3000 Portion of balance above $3000