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You Are Considering Opening a Lockbox

question 46

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You are considering opening a lockbox.Calculate the net benefit of the lockbox per day given the information provided.
 Data:  Average number of daily payments to lockbox 450 Average value of payment $3,000 Rate of interest per day 0.015% Savings in mailing time (days) 1.1 Savings in processing time (days) 0.6 Bark charge per cheque $0.30\begin{array}{l}\begin{array} { | l | r | } \hline\text { Data: }\\\hline \text { Average number of daily payments to lockbox } & 450 \\\hline \text { Average value of payment } & \mathbf { \$ 3 , 0 0 0 } \\\hline \text { Rate of interest per day } & 0.015 \% \\\hline \text { Savings in mailing time (days) } & 1.1 \\\hline \text { Savings in processing time (days) } & 0.6 \\\hline \text { Bark charge per cheque } & \mathbf { \$ 0 . 3 0 } \\\hline\end{array}\end{array}

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Definitions:

Stress

A psychological and physical response to perceived challenges or threats, resulting in a state of strain or tension.

Dissociative Amnesia

Dissociative amnesia is a disorder characterized by temporary memory loss that cannot be attributed to a common neurological or psychiatric cause, often triggered by trauma.

Dissociative Fugue

A rare psychiatric disorder characterized by temporary amnesia regarding one’s identity or past, often accompanied by sudden travel or wandering.

Dissociative Identity Disorder

A psychological condition characterized by the presence of two or more distinct personality states or identities within an individual.

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