checking your math
An important step when adding or subtracting with decimals.
What is lining up the decimal points?
An account held at a financial institution that allows withdrawals and deposits.
What is a checking account?
Mylie took the $88.00 she earned from babysitting to the bank.
What is a deposit?
Any activity with money such as a deposit, withdrawal or transfer.
What is a transaction?
The amount of money that is available for, required for, or assigned to a particular purpose
What is a budget?
You can add 2 zero's behind the decimal
What is adding or subtracting a whole number and decimal number?
A machine, activated by a magnetically encoded card or other medium, that can process a variety of banking transactions
What is an ATM?
Made an online payment of $100 to pay cell phone bill
What is a withdrawal?
Not having enough funds in your bank account to make a payment or withdraw money.
What is insufficient funds?
To use up or pay out
What is spend?
You check out at the grocery store with $32.74 worth of stuff. You pay with a $50 bill.
What is change in the amount of $17.26?
A written order instructing a financial institution to pay immediately on demand a specified amount of money from the check writer's account to the person named on the check or, if a specific person is not named, to whoever bears the check to the institution for payment.
What is a check?
Money is automatically put into your checking account from your place of employment.
What is a deposit?
An ATM fee that banks charge for withdrawing money.
What is ATM surcharge?
A form that you fill in when you make a deposit into a bank account.
What is a deposit slip?
Bobby has $6.84 and Philip increases the amount by $3. It sums up to an amount.
What equals $9.84?
Money that has been taken from your deposit account.
What is a debit?
Money is automatically put into your checking account from your place of employment. ( a different name)
What is direct deposit?
Fee charged when you make a purchase and you do not have enough money in your account
What is an overdraft fee?
A printed form, used instead of money, to make payments from your bank account:
What is a check?
Joyce gives $7.56 to Angela. If Joyce
started with $81.76, she has _________ leftover.
What is $74.20?
A deposit made to your account that increases your available balance, such as cash or checks.
What is credit?
Went to the store to buy pet food, then went to Dairy Queen for ice cream, then stopped at CVS to purchase a card for a birthday, using my card for all.
What is a withdrawal?
Helps you keep a personal record of your checking account.
What is a check register?
Amount available in an account for withdrawal or use. Computed by summing up all cleared or credited deposits, and deducting all withdrawals, debits, and service charges.
What is a checking balance?