On an Average Day, Finley, Inc

On an average day, Finley, Inc. receives $3,000 in checks from customers. These checks clear the bank in an average of 2.5 days. The applicable daily interest rate is .05 percent. What is the
Maximum amount Finley, Inc. should pay to completely eliminate the collection float? Assume each
Month has 30 days.

A) $6,000
B) $7,500
C) $15,000
D) $37,500
E) $60,000