The average daily balance is the mean of the balance in an account at the end of

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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. The following table gives the dates and amounts of the transactions in Elliott's account in June. Day of June Transaction type Transaction amount (in dollars) 1 Starting balance 1223 10 Deposit 615 15 Withdrawal -63 22 Withdrawal -120 There are 30 days in June. What is the average daily balance of Elliott's account for the month of June

Posted Date: May 18, 2024 06:10 AM

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