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On a typical day, a company writes 88 checks worth a total of $10,860 that clear in 2.75 days. The company also collects 101 checks

On a typical day, a company writes 88 checks worth a total of $10,860 that clear in 2.75 days. The company also collects 101 checks worth a total of $14,875 that clear in 2.25 days. Is this a collection or disbursement float? What is the float value?

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