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explained the result thank No More Pencils, Incorporated, disburses checks every 1 weekl that average $65,000 and take 9 days to clear. How much Interest
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No More Pencils, Incorporated, disburses checks every 1 weekl that average $65,000 and take 9 days to clear. How much Interest can the company earn annually If It delays transfer of funds from an Interest-bearing account that pays 0.03 percent per day for these 9 days? Ignore the effects of compounding Interest. Multiple Choice O O O $9,491.04 $912,600.00 $9,126.00 $8,760.96 $175.50 thank
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