Mathematics, 03.04.2020 02:02 mzrereday3151
The average daily balance is the mean of the balance in an account at the end of each day in a month. The
following table gives the dates and amounts of the transactions in Elliott's account in June.
Transaction type
Day of June
1
10
Transaction amount (in dollars)
1223
Starting balance
Deposit
615
15
Withdrawal
-63
- 120
22
Withdrawal
There are 30 days in June.
What is the average daily balance of Elliott's account for the month of June?
dollars
Answers: 3
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The average daily balance is the mean of the balance in an account at the end of each day in a month...
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