How many dollars flow through the bank each month

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Checking accounts at a local bank carry an average balance of $3000. The bank turns over its balance 6 times a year. On average, how many dollars flow through the bank each month?

Reference no: EM13332634

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How many dollars flow through the bank each month : Checking accounts at a local bank carry an average balance of $3000. The bank turns over its balance 6 times a year. On average, how many dollars flow through the bank each month?

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