Assume that Kelly could decide to deposit his entire paycheck ($1,200) into her checking account at the start of the month and run her balance down to zero by the end of the month. Illustrate this with the use of a graph and determine her average monthly holdings. What is the economic cost of this money management strategy?

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The Answer of Assume that Kelly could decide to deposit his entire paycheck ($1,200) into her checking account at the start of the month and run her balance down to zero by the end of the month. Illustrate this with the use of a graph and determine her average monthly holdings. What is the economic cost of this money management strategy?

Assume That Kelly Could Decide to Deposit His Entire Paycheck