Use the Power Rule
- $\left. 4 ^ { 3 } \right) ^ { - 2 }$

question 94

Multiple Choice

Use the Power Rule
-( $\left. 4 ^ { 3 } \right) ^ { - 2 }$

• A) \(\frac { 1 } { 4096 }\)
• B) \(\frac { 1 } { 1024 }\)
• C) \(- 24\)
• D) \(- 128\)

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Definitions:

Collection Delay

The time lag between when a payment is made by a buyer and when the funds become available to the seller.

Average Daily Float

Indicates the average amount of un-cleared checks or unprocessed transactions in a company's bank account over a certain period, impacting the available balance.

Cheques

A method of payment that allows an individual to instruct their bank to pay a specific amount from their account to another party.

Daily Interest Rate

This is the interest rate applied to a loan or investment for a single day, often used in calculating accrued interest over a period.