You are considering implementing a lockbox system for your firm. The system is expected to reduce the collection time by 4 days. On an average day, your firm receives 930 checks with an average value of $450 each. The daily interest rate on Treasury bills is .03 percent. The bank charge per check would be $.52 What is the net present value of this lockbox arrangement?

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Lee earns $1,482 of interest in 270 days after making a deposit of $15,200. find the interest rate.

Which of the following is true of the strategy of planned and unplanned change in global marketing? a) cultural congruence involves deliberately changing certain aspects of culture to meet marketing goals.b) all marketing efforts require planned or unplanned change in order to be accepted.c) planned change involves marketing products similar to the ones already on the market.d) the first step in bringing about planned change in a society is to remove obstacles for acceptance of a product.e) social planners gained the acceptance of protein-rich diets among the peoples of underdeveloped societies using the strategy of planned change.