The table shows the balance (in dollars) of a bank account each month for three months. What is the average balance of the account? Month Account Balance 1 $1285.12 2 $961.36 3 $1132.63
The average balance is how many dollars?
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Average is removed by sum of the given terms divided by total no. of terms.
Sum = $ ( 1285.12 + 961.36 + 1132.63) = 3379.11
Total no. of terms = 3
Average = 3379.11/3 = 1126.37
Avg balance is $1126.37
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