Question: colloctions. Because the biling frm specializes in these services, collection fost will be reduced by 18 days. Average daly collections are $1.500, and the owner

colloctions. Because the biling frm specializes in these services, collection fost

colloctions. Because the biling frm specializes in these services, collection fost will be reduced by 18 days. Average daly collections are $1.500, and the owner can earn 3% arnualy (expressed as an APR with monthly compoundine) on her investments if the biling fim charges 5375 per month, should the owner employ the biling fim? The benefits are 5 (Round to the nearest dolla.)

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