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Express 75 × 10 -4 in Milli, Basic Units, and Micro

question 25

Multiple Choice

Express 7.5 × 10 -4 in milli, basic units, and micro.


Definitions:

Collection Float

The time delay between when a check is written and when the funds are actually deducted from the payer's account.

Treasury Bills

Short-term government securities issued at a discount from their face value and maturing at par.

Interest Rate

An Interest Rate is the percentage of principal charged by a lender for the use of its money or the rate earned on deposited funds.

Collection Float

The time period between when a check is deposited in a bank and when the amount is available in the account, affecting cash flow management.

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