Helene Gauthier invested $15 000 on January 1 in a partnership. She withdrew $2000 on June 1,

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Hélène Gauthier invested $15 000 on January 1 in a partnership. She withdrew $2000 on June 1, withdrew a further $1500 on August 1, and reinvested $4000 on November 1. What was her average monthly investment balance for the year?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:19 AM

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Helene Gauthier invested $15 000 on January 1 in a partnership. She withdrew $2000 on June 1,

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January 1 May 31 15 000 5 75 000 June 1 July 31 13 000 2 ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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