Bank Account Basics
ATM fee, Overdraft fee, and Insufficient Funds fee are common, but this is usually not a fee.
What is an Account Opening Fee? (All others are common penalty/transaction fees.)
Your bank statement will include fees and transactions, but not this three-digit number.
What is your credit score?
The linear equation y=mx+b is known as this form.
What is slope-intercept form?
A graph that shows the relationship between two sets of data using individual dots is called this.
What is a scatter plot?
This common benefit of a checking account is NOT true; they typically offer very low ones.
What is a high interest rate?
This alert should be set up to help prevent you from overdrafting your account.
What is a Low Balance Alert?
The slope of a line with a negative correlation travels this way as you move from left to right.
What is down?
The visual characteristic of a scatter plot that shows a negative correlation.
What is the points generally traveling down and to the right? (Or, the line of best fit has a negative slope.)
The two main ways to put money into your checking account: deposit a check or use this method for your paycheck.
What is direct deposit?
If you notice a fraudulent charge from "Shell Gas" on your statement, you must do this immediately, not wait for a fraud report.
What is Contact the bank immediately? (The EXCEPT action was waiting for the bank to contact her.)
In the equation y=25x+200 representing wages, the $200 is the y-intercept, also representing this one-time payment.
What is a hiring bonus?
The graphical name for the equation y=ax+b that represents the linear relationship between two sets of data.
What is a linear regression model or line of best fit?
A key disadvantage of using a check cashing store versus a bank is this financial cost.
What is a higher fee to cash checks?
This tip for online banking safety is NOT recommended: carrying a written one as a backup.
What is a written password?
For a linear function where every 4 checks cashed costs $14 in fees, this is the slope, or rate of change.
What is $3.50 or 27? (change in xchange in y=414=3.5)
For a function whose graph goes down as you move from left to right, the sign of the slope must be this.
What is negative?
This feature in a checking account allows you to electronically pay your bills, sometimes with a physical check sent for you.
What is Online Bill Pay?
The kind of payment where funds are transferred between two people, usually using a smartphone app like Zelle or Venmo.
What is a Person-to-Person (P2P) Payment?
The equation representing a $10 daily fee charged to an account with an initial balance of −$12.75: y= this.
What is −10x−12.75?
A consumer utilizes mobile banking primarily for this single activity.
What is inquiring about their account balance?