Question

Drag each amount to the correct location on the expression

Last month, the daily balance in Joana's credit card account was $1,000 for 9 days, $750 for 10 days, $850 for 4 days, and $900 for 7 days.

Complete the expression to find Joana's average daily balance.

750

1,000

900

30

850

90

) + 10(

) + 71

)

) + 4

( )

Answer 1

9(1,000) + 10(750) +4(850) + 7(900)

(30)

Explanation:

Answer 2

Average daily balance ≈ $873

Explanation:

We are told the balance were;

$1,000 for 9 days

$750 for 10 days

$850 for 4 days

$900 for 7 days

Thus;

Average = ΣFx/Σx

Where ΣFx = (1000 × 9) + (750 × 10) + (850 × 4) + (900 × 7)

ΣFx = $26,200

Σx = 9 + 10 + 4 + 7

Σx = 30

Thus;

Average daily balance = 26200/30

Average daily balance ≈ $873