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In a typical month, the Montrose Corporation recelves 90 checks totaling $144,000. These are delayed three days on average. What is the average dally float?

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In a typical month, the Montrose Corporation recelves 90 checks totaling $144,000. These are delayed three days on average. What is the average dally float? Assume 30 days in a month. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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