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Need help with this finance question 15. What are the expected annual savings from a lock-box system that collects 120 checks per day averaging $600

Need help with this finance question

15. What are the expected annual savings from a lock-box system that collects 120 checks per day averaging $600 each, and reduces mailing and processing times by 3.0 and 2.0 days, respectively, if the annual interest rate is 6%? O $360,000 O $12,960 O $21600 O $4,320

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