Question: Previous Page Next Page Question 7 (2 points) Page 7 of 20 If a lock box system that is able to collect 200 cheques per

Previous Page Next Page Question 7 (2 points) Page 7 of 20 If a lock box system that is able to collect 200 cheques per day that average $700 each can reduce processing time by 3 days, what are the annual expected savings if the annual interest rate is 4%? $16,800 $168,000 $5,600 $420,000 Previous Page Next Page Page 7 of 20

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