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Homework answers / question archive / You have $129,000 on deposit with no outstanding checks or uncleared deposits

You have $129,000 on deposit with no outstanding checks or uncleared deposits

Finance

You have $129,000 on deposit with no outstanding checks or uncleared deposits. One daycheck for $55,000.

b.What is your available balance?

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b). Computation of the available balance:-

Available balance = Amount of deposit

= $129,000

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