Answer:
285
Step-by-step explanation:
hi
personally this is how i would do this question but there are other ways.
i would start off by seeing how many sundays there are in the month (which is 5) then the number of other days which is 25. i'd then multiply 5 by 510 which is 2550. add that to 240 times 25 (which is 6000) and all of that together is 8550. divide that by the number of the days in the month (30) and then you'll get the daily avergae for the month
hope this helped:)
The answer should be 38/7
The average daily balance after 20 days is; $1750
<h3>Average Balance</h3>
The initial balance after grace period is; $25,000
Afterwards, A payment of $5,000 each is made on the 10th and 20th day.
Hence, the total balance after 20 days is;
- = $25,000 + $5000 + $5000
The average daily balance is therefore the quotient of $35,000 and 20 days
- The average daily balance = $35,000/20
- Average daily balance = $1750
Read more on average;
brainly.com/question/15418098
Answer:
8
Step-by-step explanation: