Savings Account
A deposit account provided by local banks.
What is a savings account?
Allows you to save money in a certain account, that you can withdraw and make purchases by.
What is a checking account?
A card that is given by a bank or credit union that allows you to borrow funds from that bank.
What is a credit card?
Total Earnings before taxes or deductions.
What is gross pay?
An electronic document with rows and columns of a grid, used for calculations.
What is a spreadsheet?
Money you get for having money in a bank.
What is interest?
Taking money out using checks.
What is withdrawl?
The maximum amount of money you are allowed to spend on a card.
What is a credit card limit?
Put it into a savings account, so that it can stay there and gain interest.
How can I save the money I earn?
Used for things like receipts, where you must calculate the total of something.
What is a spreadsheet used for?
At your local bank.
Where would you make a savings account?
ATM fees, monthy maintenance or service fees, and Transfer fees.
What are the account fees?
Tests the card number with a small purchase.
What is a test charge?
Starting businesses, building homes, and paying the costs of things like insurance, bills, and groceries.
What are the benefits of earning money?
Allows multiple in each book.
What is a sheet?
ATM.
What is an Automated Teller Machine?
Acronym NSF
What is a non-sufficient Fund?
A summary of a person's borrowing and repayment history.
What is credit history?
A source of security, and means of achieving goals, or paying for expences.
Why do we need to earn money?
Type information into...
What is a cell?
APR acronym.
What is Annual Percentage Rate?
To put money into this account.
What is a deposit?
Keeping track of how much you can spend on a credit card with a bill.
What are the benefits?
Document that lists all employees, gross pay, net pay and deductions.
What is a payroll register?
Formulates a problem.
What are formulas?