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    Personal Finance Study Set 14
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    Exam 6: Using Credit Cards: the Role of Open Credit
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    When You Use a Credit Card at a Store,the Store
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When You Use a Credit Card at a Store,the Store

Question 161

Question 161

Multiple Choice

When you use a credit card at a store,the store is generally charged a fee ranging from 1.5% to 5%.What is this fee called?


A) Merchant discount fee
B) Merchant back-end charge
C) Merchant rate
D) Discount rate

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