During the Month You Receive 4 Cheques, One for €100

question 93

Essay

During the month you receive 4 cheques, one for €100, two for €200, and one for €500.They are
delayed for 2 days, 4 days, and 8 days respectively.What is your average daily collection float (a
month has 30 days)?

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Definitions:

Informative

Refers to communication or data that provides useful or important information or knowledge.

Explanandum

In philosophy of science, the phenomenon or event that needs to be explained or accounted for in an explanation.

Adequate

Adequate describes a condition or quality of being sufficient, acceptable, or satisfactory for a specific requirement or purpose.

Explanandum

The phenomenon or event that is to be explained in a scientific inquiry.