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8. John invested $12,000 in a business on January 1 and an additional $2400 on April 1. He withdraws $1440 in June 1 and invested $2880 on October 1. What was John’s average monthly investment balance for the year?

Sagot :

xiamarimorrison1

15,880 answer

12,000+2400=14,400

14,400-1440=13,000

13,000+2880=15,880

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