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If average daily remittances are $3 million, and extended disbursement float adds 9 days to the disbursement schedule, how much should the firm be willing

If average daily remittances are $3 million, and "extended disbursement float" adds 9 days to the disbursement schedule, how much should the firm be willing to pay for a cash management system if the firm earns 13% on excess funds.

rev: 04_11_2017_QC_CS-85665

$3,615,000

$3,525,000

$3,510,000

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