During a 14-day period, there is the following activity on your bank account. You deposit $100, withdraw $75, deposit $85, and w

Question

2 years ago

11

During a 14-day period, there is the following activity on your bank account. You deposit $100, withdraw $75, deposit $85, and w

ithdraw $150. What is the rate of change in dollars per day) in your bank account? Round your answer to the nearest cent.

Mathematics

1 answer:

fredd [130] · Answer 1 · 2022-05-28T20:34:18+03:00

fredd [130]2 years ago

6 0

The balance changes by:
$100 - $75 + $85 - $150 in a month
-$40 / month

-$(40 * 12) / year

-$(40*12 / 365.25) /day

-$1.314 per day

-$1.31 per day to nearest cent.