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Guyana All of the following would encourage a company operating nationwide to develop multiple banking relationships EXCEPT:
A merchant closes its day with a total of 100 credit card transactions of an average ticket value of $100. The interchange reimbursement fees are 2% and transaction fees are $0.05. If this merchant receives gross settlement, what would be the value of deposit to the account for that day?
The time between receipt of a mailed payment and the deposit of the payment in the payee's account is known as:
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