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A company has just dropped $125,000 worth of checks into the mail on Wednesday and have forecasted that the distribution pattern for such a batch
A company has just dropped $125,000 worth of checks into the mail on Wednesday and have forecasted that the distribution pattern for such a batch of checks is as follows: Clear in 1 business day = 10% Clear in 2 business days = 45% Clear in 3 business days = 30% Clear in 4 business days = 15% Given this information, determine the amount of checks clearing next Monday.
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