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Figure 2-2
-What is the shape for the distribution shown in the accompanying graph in Figure 2.2?
Traveler's Checks
Preprinted, fixed-amount checks designed to allow the person signing them to make an unconditional payment to someone else as a result of having paid the issuer for that privilege.
Debit Card
A payment card that deducts money directly from a consumer's checking account to pay for a purchase.
Credit Card
A payment card issued to users as a method of payment allowing the cardholder to borrow funds with which to pay for goods and services with the promise to pay back the lender.
Interest Rates
The proportion of a total amount of money that is charged for borrowing it, usually represented as a yearly rate.
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