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Find the standard divisor for the given situation. Round your answer to two decimals.
-A small city has 46 police officers to be apportioned among 8 precincts based on the population of Each precinct. The populations are given in the following table.
Find the modified quota for the Sixth Precinct using the divisor 513.
Perfection
In legal and financial contexts, it refers to the act of completing all necessary steps to establish a secured interest or claim that is enforceable against others.
Purchase Money Security Interest
A legal claim that allows a lender to repossess or foreclose on property if the borrower fails to pay back a loan used to purchase the property.
Collateral
An asset that a borrower offers to a lender to secure a loan, which the lender may seize if the borrower fails to repay the loan.
Perfected Security Interest
A perfected security interest is a legal claim or lien on collateral that has been publicly filed or registered, ensuring priority over others in the event of debtor default.
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