During the month Leslie's receives four checks in the amounts of $100,$325,$200,and $500.They are delayed for 1.6 days,2.1 days,2.6,and 1 day,respectively.What is the average daily collection float? Assume a 30-day month.
A) $74.93
B) $63.80
C) $62.08
D) $59.47
E) $68.15
Correct Answer:
Verified
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