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Why did the researchers conduct serial transfers in the experiment illustrated in the figure?
Cheques
Documents that are written, dated, and signed, instructing a bank to pay a particular amount of money either to the holder or to an individual named in the document.
Daily Interest Rate
The rate at which interest accumulates on a financial instrument on a daily basis, often used for savings accounts, loans, and credit cards.
Delay
The time period by which a task or activity is late or postponed from its planned start or completion date.
Daily Interest Rate
The interest rate applied to a loan or investment calculated on a daily basis, often leading to compound interest.
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