How do I calculate my average account balance?

A certain amount will be sent to my personal account every month, from which payments and withdrawals will be deducted during the month. The opening and closing balances are almost identical, but that probably won't be the average balance, will it?
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1 Answer

Answer :

Average per month, or several months, or per year, or some other period? Normally averaged, add up everything and divide by days, months, years, etc. (sun)
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