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In Order to Justify the Cost of Using a Wire

question 5

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In order to justify the cost of using a wire transfer instead of an EDT (electronic depository transfer) ,your company must transfer a minimum of $200,000.The EDT has a one business day availability.If the EDT availability were two business days,what is the minimum transfer amount that would justify a wire transfer?


Definitions:

Asexual Spores

Reproductive cells produced without sexual fusion, capable of developing into a new organism.

Anopheles Mosquito

A genus of mosquitoes that is known to transmit malaria to humans through their bite.

Asexual Reproductive Phase

A mode of reproduction in which offspring arise from a single organism, and inherit the genes of that parent only; it does not involve the fusion of gametes.

Sexual Reproductive Phase

The stage in an organism's life cycle that involves the production and fusion of gametes, leading to the formation of a new organism.

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