Im trying to understand How to work this I keep coming up with the wrong solushi

Question

Im trying to understand How to work this I keep coming up with the wrong solushion. Not sure were Im loseing my footing here. :S

Score: 0 of 1 pt 10.2-9 On October 1, The Bakery opened a savings account with a deposit of $14,400. A withdrawal of S7500 was made 15 days later and another withdrawal of $400 was made 8 days before January 1, Find the balance on January 1, Assume 32% interest compounded daily. 8 of 20 (7 complete) HW Score: 35%, 7 of 20 pts Question Help o Click the icon to view the daily compounded interest tables O A. $6,571.61 O B. $6,571.75 O C. $6,571.09 O D. $6,570.93

Explanation / Answer

October 1                         14,400             14,400 for 15 days             

Less On October 16             7,500              6,900 for 68 days

Less on December 23             400              6,500 for 8 days

Interest=[(14400X1.001439322)-14400] +[( 6900 X 1.006541538)-6900] +[( 6500 X 1.000767381)-6500]

            =20.73+45.14+4.99

             =70.86 _~ 70.93

Answer D

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