so how much should I stay per day starting today?
To achieve an average daily balance of ₱50,000 for the entire month of November, starting from November 12, you need to calculate the total balance required from November 12 to November 30 and then determine the daily balance you need to maintain for the remaining days.
1. Total Days from November 12 to November 30:
- From November 12 to November 30, there are 19 days inclusive.
2. Calculate the Total Balance Needed from November 12 to November 30:
- Total Balance Needed = ₱50,000 x 19 = ₱950,000
3. Determine the Daily Balance Needed from November 12 onwards:
- Remaining Days = 19 days (including November 12)
- Remaining Total Balance Needed = ₱950,000
- Daily Balance Needed = Remaining Total Balance Needed / Remaining Days
4. Calculate the Daily Balance Needed:
- Daily Balance Needed = ₱950,000 / 19 = ₱50,000
Therefore, starting from today, November 12, you should aim to maintain a daily balance of ₱50,000 in your bank account until November 30 to achieve an average daily balance of ₱50,000 for the month.