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Suppose a hospital writes checks of $ 1 0 0 , 0 0 0 per day and it takes, on average, seven days for those

Suppose a hospital writes checks of $100,000 per day and it takes, on average, seven days for those to be received and clear the banking system. Furthermore, the hospital receives $120,000 in checks daily that take four days to be deposited and credited. What is the hospitals float?

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