Right or Wrong? If You Owe $970 in February 2005 $\frac { ( \$ 970 \times 10 ) + ( \$ 70 \times 18 ) } { 28 } = \$ 391.43$

Multiple Choice

Right or Wrong? If you owe $970 in February 2005 and pay $900 so that your account is credited in 10 days, the average daily balance (to the nearest cent) is $\frac { ( \$ 970 \times 10 ) + ( \$ 70 \times 18 ) } { 28 } = \$ 391.43$

A) Right
B) Wrong