Things of interest
This is the formula for calculating simple interest.
What is principal x rate x time?
This piece of plastic allows use to buy items by taking money out of your checking account.
What is a debit card?
These are for long term savers or those who keep large amounts in their savings account
What are money market accounts or certificates of deposit accounts?
This is summarizes your monthly transactions.
What is a bank statement?
This school app helps teachers and administrators manage students who need to leave a classroom.
What is SmartPass?
Simple interest is only paid on this.
What is the original principal?
This piece of information is recorded in a check register or financial software.
What is check number, date, payee or check amount?
A certificate of deposit (CD) is also known as this.
What is savings certificate or time deposit?
These are checks that you have written but not been received or paid by the bank
What is an outstanding check?
This is one of Alvirne's Core Values.
What is Curiosity, Character, Commitment, Community?
APR is the three letter acronym for this.
What is Annual Percentage Rate?
Making a deposit does this to your account balance.
What is increase?
This happens when you take money out of a certificate of deposit (CD) early.
What is assessed a penalty?
This is a manual or electronic ledger to track your checking account transactions
What is a check register?
Your daily, electronic assignments are available to you here.
What is Schoology?
Compound interest is paid on this.
What is principal plus accumulated interest?
Writing a check or using your debit card does this to your account balance.
What is decrease?
A simple interest certificate of deposit (CD) has this unique feature.
Allows the owner to withdraw interest from the account as it accumulates.
What are deposits that you made after the statement date
What are outstanding deposits?
This class is required during a student's senior year and required for graduation.
What is Senior English Capstone?
When using the formula principal x rate x time, "time" represents this.
What is the fraction of the year for the period?
You should reconcile your checking account for this reason.
What are detect fraudulent activity or identify discrepancies between your bank statement and your records?
This length of time that money must remain in a certificate of deposit (CD) account is called this.
What is term?
This is when your bank balance matches your account register.
What is account reconciliation?
Grading and attendance are recorded in this tool.
What is Powerschool?