Alexandra Efland has a savings account that earns 5.5% interest compounded daily. On May 5, the amount in the account was $28,214.35. How much interest will the money earn in the next 90 days?
Use the formula: where
A = Amount
P = Principal
r = rate
n = number of periods
t = time in years
Group of answer choices
$38.57
$285.71
$385.21
$901.15