Home Roasted Turkeys Disburses Checks Every 4 Weeks That Average

Home Roasted Turkeys disburses checks every 4 weeks that average $70,000 and take 5 days to clear.How much interest can the company earn if it delays transfer of funds from an interest-bearing account that pays 0.02 percent per day for these 5 days? Ignore the effects of compound interest.Assume 52 weeks in a year.

A) $36
B) $91
C) $182
D) $364
E) $910