Figure out the amounts of the two missing checks

Reference no: EM131372214

In given problem, suppose you know the amounts of 18 of the 19 checks you wrote and the average of all the checks. Can you figure out the amount of the missing check? Explain.

Problem :
Your bank sends you a summary statement, giving the average amount of all checks you wrote during the month. You have a record of the amounts of 17 out of the 19 checks you wrote during the month. Using this and the information provided by the bank, can you figure out the amounts of the two missing checks? Explain.

Reference no: EM131372214

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