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Related Flashcards
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Cards In This Set
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What is a Deposit?
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Is the money that you give the bank to hold in your savings account.
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Find the total deposit.
($160.00 + $10.95 + $114.35)-$25.00=?
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$260.30
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Find the total deposit.
($125.60 + $180.00 + $22.21) - $20.00 =?
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$307.81
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What is a Wtihdrawal?
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Is when you fill out a slip and take money out of your banking account.
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Write in word form.
$45.00
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Forty-five and 00/100
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Write in word form.
$137.51
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One hundred thirty-seven and 51/100
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Write in numeral form.
twenty-five and 50/100
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$25.50
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Write in numeral form.
ninety-four and 78/100
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$94.78
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What is an Account Statement?
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Shows all deposits, withdrawals, and intrest credited to your accont.
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What is your new balance?
$998.50+$1.25+$80.00-$100.00=?
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$979.75
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What is your new balance?
$274.50+$4.11+$250.00+$125.00+$80.00-$100.00=?
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$633.61
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What is your new balance?
$400.00+$1.90+$50.00-$150.00=?
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$301.90
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What is Intrest?
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The bank pays you rental fee for letting them use your money.
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What is Principal?
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The amount of money earning interest.
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What is Annual Interest Rate?
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The percent of the principal that you earn as interest based on one year.
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