Intro You have to pay two bills every month: $1,200 for rent and $400 for your student loan. You pay both bills by check: the rent check takes 6 days to clear and the loan check takes 3 days, on average. Part 1 What is the weighted average delay? 5.2 Correct Item Amount Fraction Delay Rent 1,200 0.75 6 Loan 400 0.25 3 Total 1,600 Weighted average delay = 0.75 * 6 + 0.25 * 3 = 5.25 Part 2 What is the average daily float? + decimals Previous answers: 8400; 2743; 4; 5; 4.5 Submit Attempt 1/10 for 10 pts. Attempt 6/10 for 10 pts.