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23-08-2022
Mathematics

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Denise monitored the activity in her savings account for the past several months. She records the following transactions: $500 deposit, $280 withdrawal, $150 deposit , $300 withdrawal, $25 bank fee, and $30 withdrawal. Write and evaluate an expression to determine the average transaction amount

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MrRoyal MrRoyal

24-08-2022

An expression to determine the average transaction amount is (500 + 280 + 150 + 300 + 25 + 30)/6 and the value is $214

Write and evaluate an expression to determine the average transaction amount

The transactions are given as:

$500 deposit

$280 withdrawal

$150 deposit

$300 withdrawal

$25 bank fee

$30 withdrawal.

The average transaction amount is calculated as:

Average =Sum of transactions/Number of transactions

So, we have

Average = (500 + 280 + 150 + 300 + 25 + 30)/6

Evaluate

Average = $214

Hence, an expression to determine the average transaction amount is (500 + 280 + 150 + 300 + 25 + 30)/6 and the value is $214

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