× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
c
5
j
5
a
5
L
5
f
5
j
5
D
4
k
4
y
4
t
4
h
4
l
4
New Topic  
Hillier Hillier
wrote...
Posts: 550
Rep: 5 0
6 years ago
Jessica Hughes invested $40 000 on January 1 in a partnership. She withdrew $15 000 on June 1, withdrew a further $2000 on August 1, and reinvested $8 000 on November 1. What was her average monthly investment balance for the year?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 141 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
January 1 - May 31:   40000 × 5 =   200000
June 1 - July 31:   25000 × 2 =   50000
August 1 - October 31:   23000 × 3 =   69000
November 1 - December 31:   31000 ×   =   62000
   Total      381000
Average monthly investment =   = $31 750.00
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  865 People Browsing
Related Images
  
 58
  
 38
  
 180
Your Opinion
Who will win the 2024 president election?
Votes: 8
Closes: November 4

Previous poll results: Do you believe in global warming?