On an Average Day, Your Firm Receives $2,200 in Cheques

On an average day, your firm receives $2,200 in cheques from customers. These cheques are processed and clear the bank in an average of 3 days. The applicable daily interest rate is.02 %. What is the present value of the float? Assume each month has 30 days.

A) $3,300
B) $3,366
C) $3,960
D) $6,600
E) $6,732