If average dally remittances are $$3$ million, and extended disbursement float adds $3$ days to the disbursement schedule, how much should the firm be willing to pay for a cash management system If the firm earns $15\%$ on excess funds?

Multiple Choice

$$1,455,000$

$$1,350,000$

$$1\mathrm{.}365\mathrm{.}000$

$$0$