June 1st = 1223 starting balance
june 10th = 615 deposit
june 15th = withdrawal of -63
june 22nd = withdrawal of -120

what is the average daily balance for the month of june. june has 30 days .

The average daily balance for the month of June is 55.16

Solution:

Given, June 1st = 1223 starting balance

June 10th = 615 deposit

So these will add in the account

June 15th = withdrawal of -63

June 22nd = withdrawal of -120

These will be subtracted from the account.

We have to add the deposits and subtract the withdrawals from the starting balance to obtain the total amount.

So, the total amount deposited in June is (1223 +615-63-120) = 1655

The total days in June is 30. In 30 days, the total deposit is 1655. To calculate the average balance, we have to divide the total amount by the total number of days in the month.

So, in 1 day the deposit is

Hence, the average daily balance for June is = 55.16  

This is all right!

Step-by-step explanation:

This is all correct! But for questions like 25 and 26 try to write the name of what is heaviest. "The onion is the heaviest", don't just write the number. Same goes for 27, write the names. Other than that good job!!

Hope this helps!!

-Ketifa