3 years ago

Select the correct answer.

Mathematics

1 answer:

Maurinko [17]3 years ago

7 0

Answer:

D. $432.84

Step-by-step explanation:

The average daily balance is the weighted sum of the balances. The weight in each case is the number of days the account had that balance.

adb = (7×745.00 +10×585.15 +7×245.20 +7×90.75)/(7+10+7+7)

= 13,418.15/31

= 432.84

Nia's average daily balance was $432.84.

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