Question: PROBLEM 5 On a typical day, Park Place Clinic writes $1,000 in checks. It generally takes four days for those checks to clear. Each day

PROBLEM 5
On a typical day, Park Place Clinic writes $1,000 in checks. It generally takes four days for those
checks to clear. Each day the clinic typically receives $1,000 in checks that take three days to
clear. What is the clinic's average net float?
Please show/ explain your work in excel or however you solved it so I can understand the problem.
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