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In a direct deposit checking account, funds are deposited once per month, on pay day, and then withdrawn over time as account holders make various
In a direct deposit checking account, funds are deposited once per month, on pay day, and then withdrawn over time as account holders make various payments and transfers. A study at a small bank revealed that the average balance for checking accounts is $527. The average monthly deposit into the accounts is $2156 per month. How fast do customers, on average, withdraw their funds from the Bank?
In a direct deposit checking account, funds are deposited once per month, on pay day, and then withdrawn over time as account holders make various payments and transfers. A study at a small bank revealed that the average balance for checking accounts is $527. The average monthly deposit into the accounts is $2156 per month. How fast do customers, on average, withdraw their funds from the Bank?
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