Anthony Began the Year with $96,400 Already Invested in His

question 133

Short Answer

Anthony began the year with $96,400 already invested in his Snow 'n Ice retail store. He withdrew $14,200 on March 1 and another $21,800 on April 1. On August 1, he invested $23,700, and on November 1 he contributed another $19,300. What was his average cumulative investment during the year? (Assume that each month has the same length.)

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Definitions:

REM Sleep

A phase of sleep characterized by rapid eye movement, during which vivid dreams commonly occur.

Dreaming

The experience of imagined images, sounds, or other sensations during sleep, particularly during REM phases, reflecting complex psychological processes.

Tropical Climates

Climate zones characterized by consistently high temperatures throughout the year, with significant rainfall. They are typically found near the equator.

Sleep Paralysis

A temporary inability to move or speak while falling asleep or upon waking, often accompanied by hallucinations.