Question: The time to actually process a credit application at a bank is 28.5 minutes. Data analysis shows the average time it takes an application to

The time to actually process a credit application at a bank is 28.5 minutes. Data analysis shows the average time it takes an application to be completed from the time it is recieved until a decision is made is 8.8 hours. What is the percent value added time of this process? (Enter you answer as a decimal to 4 places. So, for 10% enter .1000)

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