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Question 6 (1 point) You are a landlord and receive 3 checks a month from your tenants. The first tenant's check is worth $1,000 and
Question 6 (1 point) You are a landlord and receive 3 checks a month from your tenants. The first tenant's check is worth $1,000 and has a delay of 3 days for you to collect. The second tenant's check is worth $900 and has a delay of 5 days for you to collect. The third tenant's check is worth $1,200 and has a delay of 4 days for you to collect. What is your average daily float during any month? Assume that a month has 30 days. $410 $560 $375 $690 $775
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