Specialty Co. deals strictly with three customers who pay monthly amounts of $340,800, $262,900, and $81,300. The $81,300 payment has a collection delay of 2.5 days while the other two have a delay of 1.5 days. What is the weighted average delay assuming each month has 30 days?

Multiple Choice

• 1.98 days

• 2.01 days

• 1.62 days

• 1.57 days

• 1.78 days