The average monthly balance in Tony's bank account is $650.Tony spends the same amount of money each day during the month and at the end of the month his account balance is $0.Tony's monthly starting balance is

Question

Quizplus · Accepted Answer

If Tony spends the same amount of money each day during the month, that means he spends a total of $650 during the month. Therefore, his starting balance must be $1,300 ($650 + $650).

The Average Monthly Balance in Tony's Bank Account Is $650