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Question Each month a Bank carries an average balance of $3632 in all checking accounts. These accounts are being turned over 3 times a year. Based on this information, fill in the below data: I = ?dollars T =?months On average, how much money is flowing through the bank each month? Hint: Keep in mind the conversion from year to month. $ ? / month

Question

Each month a Bank carries an average balance of $3632 in all checking accounts. These accounts are being turned

over 3 times a year.  Based on this information, fill in the below data:

 I = ?dollars

 T =?months

On average, how much money is flowing through the bank each month? Hint: Keep in mind the conversion from year to month.

 $ ? / month

 
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