Question: need help with hw problems pleaseeee Your neighbor goes to the post office once a month and picks up two checks, one for $16,000 and

need help with hw problems pleaseeee Your neighbor goes to the

need help with hw problems pleaseeee

Your neighbor goes to the post office once a month and picks up two checks, one for $16,000 and one for $5,000. The larger check takes 2 days to clear after it is deposited; the smaller one takes 4 days. Assume 30 days per month Requirement 1: What is the total float for the month? (Click to select) Requirement 2: What is the average daily float? (Click to select) Requirement 3: (a) What is the average daily receipts? (Click to select) (b) What is the weighted average delay? (Click to select)

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