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Average daily # of checks: 10,000 checks per day Average $ amount per check: $40/check Daily t-bill rate: .012% per day Reduction in days: 2
Average daily # of checks: 10,000 checks per day
Average $ amount per check: $40/check
Daily t-bill rate: .012% per day
Reduction in days: 2 days
Calculate:
Average $daily transactions: ____________
Daily investment income: ____________
Daily savings: ____________
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