What Is Wrong, If Anything, with the Statement Below? Answer $$\frac { ( \$ 370 \times 10 ) + ( \$ 70 \times 18 ) } { 28 } = \$ 177.14$$

What is wrong, if anything, with the statement below? Answer true or false . If false, explain your reasoning. If you owe $370 in February 2005 and pay $300 so that your account is credited in 10 days, the average daily balance (to the nearest cent) is $$\frac { ( \$ 370 \times 10 ) + ( \$ 70 \times 18 ) } { 28 } = \$ 177.14$$

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