What was her average monthly investment balance for the year
Problem
Helene Gauthier invested $15,000 on January 1 in a partnership. She withdrew $2000 on June 1, withdrew a further $1500 on August 1, and reinvested $4000 on November 1. What was her average monthly investment balance for the year?
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Helene Gauthier invested $15,000 on January 1 in a partnership. She withdrew $2000 on June 1. What was her average monthly investment balance for the year?
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