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I visited a beautiful flower garden yesterday and counted exactly 50 flowers. Each flower was either white or orange, and the flowers were not all the same color. My friend made the following observation: No matter which two flowers you might have picked, at least one was bound to be white. From this can you determine how many were white and how many were orange?
Disbursements
The act of paying out or disbursing money, often related to the operational expenses of a business.
Interest Rate
The percent of principal charged by the lender for the use of its money or the return earned on an investment.
Net Float
The difference between checks written against a bank account and those that have been cleared, affecting the account's available balance.
Cheques
A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a named party.
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