Business, 16.04.2020 20:07, derrickgatson48
No More Pencils, Inc., disburses checks every two weeks that average $87,000 and take six days to clear. How much interest can the company earn annually if it delays transfer of funds from an interest-bearing account that pays 0.011 percent per day for these six days? Ignore the effects of compounding interest
Answers: 1
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No More Pencils, Inc., disburses checks every two weeks that average $87,000 and take six days to cl...
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