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3. On an average day, Henson Cancer Research Center (HCRC) writes $4,000 in checks for a myriad of goods and services purchased. Generally, those checks

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3. On an average day, Henson Cancer Research Center (HCRC) writes $4,000 in checks for a myriad of goods and services purchased. Generally, those checks take 5 days to clear. HCRC receives $4,000 in payments daily, which typically takes 4 days to clear. What is HCRC's float? (10 points)

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