What is the average daily balance for the February 1-28 billing period in the table?

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asked Sep 3, 2023 90.3k views

1 Answer

Conal Da Costa · Answer 1 · 2023-09-07T10:18:34+0000

i think it’s 311.75?
i added the closing balances and divided by the 4 selected days

either that or 44.54 if you divide by 28 days of February instead…

i might be wrong though

What is the average daily balance for the February 1-28 billing period in the table?

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What is the average daily balance for the February 1-28 billing period in the table?