What Is Wrong, If Anything, with the Statement Below? Answer $$\frac { ( \$ 2,400 \times 7 ) + ( \$ 2,000 \times 24 ) } { 30 } = \$ 2,160$$

True/False

What is wrong, if anything, with the statement below? Answer true or false . If false, explain your reasoning. If you owe $2,400 for 7 days in January and $2,000 for 24 days, then the average daily balance (to the nearest cent) is $$\frac { ( \$ 2,400 \times 7 ) + ( \$ 2,000 \times 24 ) } { 30 } = \$ 2,160$$