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As the Cash Manager you are trying to anticipate the earnings credit to determine if you are going to pay bank fees. You know the
As the Cash Manager you are trying to anticipate the earnings credit to determine if you are going to pay bank fees. You know the following. You know the following: Earnings Credit Rate is 2.25% Reserve Requirement is 8% Collected Balance $218,647 Days in month are 91 Find the earnings credit that the Cash Manager should expect
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