Question

the four transactions above were on marcos bank account. what was the average transaction? a $12.06 b $30.94 c $12.40 d -$4.82

Explanation:

Step1: Calculate the sum of transactions

$$(- 19.25)+14.75+(-18.50)+71.25$$
$$=(-19.25 - 18.50)+(14.75 + 71.25)$$
$$=-37.75 + 86$$
$$=48.25$$

Step2: Calculate the average

The average is the sum divided by the number of transactions. There are 4 transactions.
Average $=\frac{48.25}{4}=12.0625\approx12.06$

Answer:

A. $12.06$