Checking Accounts
ATM withdrawal, write checks, debit card, visit the bank, or direct transfer to another account.
A fee that often comes with having an open checking account from your bank every month. Usually is about $25 if you have it.
Maintenance Fee
What makes a pattern linear?
Changes by the same amount every single time.
What is the equation for slope intercept form?
y=mx+b
Can a rate of change be negative?
Yes
What are the 3 most common forms of payment?
Cash, credit, and debit
A fee that occurs when you transfer from an account or to an account outside of your bank.
Wire Transfer fee
What does Figure 0 symbolize in relation to the slope intercept formula?
Initial value or y-intercept
If a line contains the points (4,30) and (6, 80), what would the rate of change be for that line?
25
A fee that occurs when you withdrawal from an in-network ATM.
There is no fee for this.
What is an important requirement that a bank needs to have in order for you to bank there safely?
FDIC Insured
A fee that occurs when you use an ATM that is not attached to your bank.
Out-of-Network ATM fee
If Figure 1 has 8 matches and then Figure 2 has 15 matches, what would the initial value be? (Figure 0 number of matches)
1 match
What is the formula for rate of change/slope?
Y2 - Y1 / X2 - X1
What date is the Purple and Gold game?
10/2/2026
How often do you need to check your bank statement?
However often it is released to you, usually once a month.
A fee that occurs when you spend more money than you have in your account.
Overdraft fee
If the growth pattern had a slope of 4 and an initial value of 3, how many block would the pattern have at Figure 50?
203
If the rate of change is 17 and the initial value is 5, what is my linear equation?
y=17x+5
Write a linear equation for the following word problem: Jessica has a checking account that contains $450. She withdrawals $30 a week from an out of network ATM. The out-of-network fee is $5. What would her account balance be after 10 weeks if there are no deposits or any other withdrawals.
$100
What is the purpose of a bank account?
Why is it smart to get email or text alerts whenever your account balance is getting low?
To ensure that you do not overdraft and incur more fees.
Can you visually represent a negative quantity of something?
No you cannot
Write a linear equation for the following word problem: Andy has $350 in his checking account to start the month. He just started a new job at the local general store and will make $150 a week. How much money will Andy have in his checking account after 5 weeks assuming he has not withdrawals during that time?
y=150x+350
What has eyes but cannot see?
Multiple answers: Sewing needle, hurricane, or potato