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Study sets matching "banking math"

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Study sets matching "banking math"

10 terms
FUNCTIONAL MATH VOCABULARY banking
deposit
withdrawal
fee
register
Put a sum of money put in a bank account
Money taken out of a bank account
make a payment to (someone) in return for services
a record of withdrawals, deposits, and debts made to a bank a…
deposit
Put a sum of money put in a bank account
withdrawal
Money taken out of a bank account
21 terms
Math - Banking
Gross National Product
GNP is calculated
Inflation
Productivity
Money value of the nation's output
The total dollar value may be adjusted for the effects of inf…
Occurs whenever prices, on average, are rising
Amount of output created by a worker in a certain amount of t…
Gross National Product
Money value of the nation's output
GNP is calculated
The total dollar value may be adjusted for the effects of inf…
Math banking
1913 federal reserve act
1933 glass steagel act
1969 truth in lending act
1974 equal credit opportunity act
System of 12 federal reserve districts each with a federal re…
Authorized the creation of federal deposit insurance corp.
Provides standardized definitions of credit cost and requires…
Prohibits discrimination in granting credit
1913 federal reserve act
System of 12 federal reserve districts each with a federal re…
1933 glass steagel act
Authorized the creation of federal deposit insurance corp.
17 terms
Math Applications- Banking
Interest
Transaction
Principal
Time
A sum paid or charged for the use of money or for borrowing m…
A business deal or action; exchange of money, goods, or servi…
The money originally invested or loaned, on which basis inter…
The length of a loan which is usually based on a year time fr…
Interest
A sum paid or charged for the use of money or for borrowing m…
Transaction
A business deal or action; exchange of money, goods, or servi…
15 terms
6th Math: Banking Vocabulary
Income
Deposit
Withdrawal
Balance
The amount of money made in a given period of time
Putting money into a bank
Taking money out of a bank
The amount of money in your account after deposits/withdrawals
Income
The amount of money made in a given period of time
Deposit
Putting money into a bank
17 terms
Math Applications- Banking
Interest
Transaction
Principal
Time
A sum paid or charged for the use of money or for borrowing m…
A business deal or action; exchange of money, goods, or servi…
The money originally invested or loaned, on which basis inter…
The length of a loan which is usually based on a year time fr…
Interest
A sum paid or charged for the use of money or for borrowing m…
Transaction
A business deal or action; exchange of money, goods, or servi…
14 terms
MATH - Banking Terms
money
bank
budget
saving
something that lets us buy things we want. It is made up of c…
a place that looks after people's money for them and keeps it…
a plan on how you will spend the money you earn. It includes…
not spending your money straight away, but putting it away so…
money
something that lets us buy things we want. It is made up of c…
bank
a place that looks after people's money for them and keeps it…
15 terms
6th Math: Banking Vocabulary
Income
Deposit
Withdrawal
Balance
The amount of money made in a given period of time
Putting money into a bank
Taking money out of a bank
The amount of money in your account after deposits/withdrawals
Income
The amount of money made in a given period of time
Deposit
Putting money into a bank
20 terms
Consumer Math Module 2 Banking
Interest
Interest Rate
Compound Interest
Principal
The fee someone pays to be able to borrow money
The percent of interest you either make or pay on a principal
Interest that is generated not only from the money you put in…
Sum of money you put into an account or the amount of money (…
Interest
The fee someone pays to be able to borrow money
Interest Rate
The percent of interest you either make or pay on a principal
14 terms
Money Math Banking Terms
Account
Example of Account
ATM
Bank
An amount of money deposited with a bank
As in a checking or savings account
An electronic banking machine that dispenses cash, accepts de…
Where money is stored
Account
An amount of money deposited with a bank
Example of Account
As in a checking or savings account
33 terms
MATH CH.1 BANKING
BANK
FDIC
GLASS-STEAGALL ACT
INTREST
a business which deals with financial transactions
Federal Deposit Insurance Corporation, requires bank to follo…
created FDIC in 1933
when the bank may pay you for the use of your money, if borro…
BANK
a business which deals with financial transactions
FDIC
Federal Deposit Insurance Corporation, requires bank to follo…
10 terms
Math Banking Terms
Bank Statement
APR
Bounced Check
Checking Account
A monthly summery that shows the funds paid out by or paid in…
Annual Percentage Rate. The total amount of interest paid by…
A check that is rejected because there is not enough money in…
An account that is used to pay bills and funds.
Bank Statement
A monthly summery that shows the funds paid out by or paid in…
APR
Annual Percentage Rate. The total amount of interest paid by…
14 terms
Math Banking Vocabulary
Cheking Account
Checks
Statement
Account Balance
An accout that allows customers to saftly store money in the…
A written order to a bank to pay a specific amount of money t…
Is a summary of the account balance.
The amount of money in the account at a given time.
Cheking Account
An accout that allows customers to saftly store money in the…
Checks
A written order to a bank to pay a specific amount of money t…
9 terms
math word bank 1
adjacent angles
complementary angles
exterior angle of a triangle
hypotenuse of a right triangle
angles that share a common vertex and a common side and that…
if the sum of their measures is 90 degrees
an angle formed by a side of the triangle and an extension of…
the side of the triangle opposite to the right angle
adjacent angles
angles that share a common vertex and a common side and that…
complementary angles
if the sum of their measures is 90 degrees
10 terms
Financial Math: Banking
Bank
deposit of $10,000 or more
credit union
checking account
financial institutions that are licensed to receive deposits…
must be reported to the IRS under the US Department of the Tr…
offer higher interest on deposits and charge less on loans th…
a financial account that generally allows funds to be used fo…
Bank
financial institutions that are licensed to receive deposits…
deposit of $10,000 or more
must be reported to the IRS under the US Department of the Tr…
12 terms
Duolingo 48: Math; Banking
plus
gleich
minus
die Zahlung
plusz
egyenlő
mínusz
fizetés
plus
plusz
gleich
egyenlő
14 terms
Math Models-Banking Terms
bounced check
canceled check
cashier's check
deposit
a check written for an amount more than in your account
a check which has been paid by the bank
banks own check drawn against the banks account
an amount of money added to an account
bounced check
a check written for an amount more than in your account
canceled check
a check which has been paid by the bank
17 terms
Math Models Banking Services
Banks
Savings and Loan
Credit Unions
Checking account
community, regional or national for-profit business corporati…
specialize in real estate financing and are governed by an el…
non-profit financial cooperatives owned by their members and…
a bank account against which the depositor can drawn checks p…
Banks
community, regional or national for-profit business corporati…
Savings and Loan
specialize in real estate financing and are governed by an el…
21 terms
Math Banking 6th grade
Account
Checks
Bank routing number
Bank account number
allows costumers to safely store money in the bank and write…
written order to a bank to pay a specific amount of money to…
bottom left number on a check
middle number on bottom of check
Account
allows costumers to safely store money in the bank and write…
Checks
written order to a bank to pay a specific amount of money to…
19 terms
Math Banking Terms
Checking Account
Deposit
Withdrawal
Debit Card
A type of bank account in which users may add or remove money.
To add money to a bank account.
To remove money from a bank account.
A card that allows a buyer to make purchases immediately remo…
Checking Account
A type of bank account in which users may add or remove money.
Deposit
To add money to a bank account.
9 terms
Math of finance- Bank Statement
Account number
Bank statement
Statement period
Starting balance
he primary identifier for ownership of an account, whether a…
a printed record of the balance in a bank account and the amo…
summary of financial transactions which have occurred over a…
the amount of money in a checking account at the beginning of…
Account number
he primary identifier for ownership of an account, whether a…
Bank statement
a printed record of the balance in a bank account and the amo…
8 terms
Math Word Bank
array
sum
difference
product
an arrangement of objects in rows and columns
a quantity obtained by addition
the number that remains after subtraction
a quantity obtained by multiplication
array
an arrangement of objects in rows and columns
sum
a quantity obtained by addition
10 terms
Math Word Bank
The top number in a fraction
The bottom number of a fraction
The number of cubic units needed to fi…
The result of division
numerator
denominator
volume
quotient
The top number in a fraction
numerator
The bottom number of a fraction
denominator
14 terms
Combined Math-Banking Test
Compare and contrast commerical banks…
What are the four main services offere…
What is an overdraft and can you buy p…
List 4 items you would put in a safe d…
Comnercial banks have many setvices, lots of branches, high f…
Savings account, loans, checking account, and CD's
Its when you write a check but there is not enough money in y…
Jewels, birth certificate, social security card, important do…
Compare and contrast commerical banks…
Comnercial banks have many setvices, lots of branches, high f…
What are the four main services offere…
Savings account, loans, checking account, and CD's
20 terms
Math of Finance Interest and Banking
rule of 72
I
P
R
how long it takes an investment doubles (72/interest rate in…
interest (how much the bank pays you)
principal (original amount)
interest rate (decimal form)
rule of 72
how long it takes an investment doubles (72/interest rate in…
I
interest (how much the bank pays you)
13 terms
Bookkeeping - Math/Banking
The original price of a shirt was $20.…
A store is offering discounts on short…
You are asked to invest $5,000 for two…
When reconciling as the bookkeeper, de…
25%
$32.30
$804.75
b. Deducted from the bank balance
The original price of a shirt was $20.…
25%
A store is offering discounts on short…
$32.30
30 terms
Math bank rate
annual
simple interest
compound interest
initial amount
Year or every year
Earnings are paid on a fixed amount of money or principal
Earnings calculated on original amount and accumulated
The original amount of money you started with
annual
Year or every year
simple interest
Earnings are paid on a fixed amount of money or principal
18 terms
Business Math Chapter 3 Banking Vocabulary
Balance
Bank Charges
Branch
Checkbook
the difference between credits and debits in an account
money paid to a bank for the bank's services etc.
local office or bureau of a bank
book containing detachable checks; chequebook (UK)
Balance
the difference between credits and debits in an account
Bank Charges
money paid to a bank for the bank's services etc.
16 terms
Career Math- Chapter 6- Corporate Banking
Interest
Principal
Rate
Simple interest
fee changed to a borrower for the use of money loaned
amount of money loaned
percent of interest charged for money loaned
constant fee charged for the use of money loaned
Interest
fee changed to a borrower for the use of money loaned
Principal
amount of money loaned
Business Math Chapter 3: Banking
Interest
Transaction
Compound Amount
Compound Interest
Money paid to an individual or institution for the privilege…
Something that has to be recorded, such as a deposit or withd…
The total money in the savings at the end of the last interes…
The difference between the original principal and the compoun…
Interest
Money paid to an individual or institution for the privilege…
Transaction
Something that has to be recorded, such as a deposit or withd…
12 terms
Math Word Bank
Whole Numbers
Real Numbers
Integers
Rational Number
all positive numbers and zero, not including fractions or dec…
all numbers found on the number line (positive or negative wh…
all positive and negative numbers and zero,not including frac…
a real number that can be made by dividing two integers
Whole Numbers
all positive numbers and zero, not including fractions or dec…
Real Numbers
all numbers found on the number line (positive or negative wh…
17 terms
Math Reason Bank
Given
Addition POE
Subtraction POE
Multiplication POE
the given statement
addition on both sides of the equation
subtraction on both sides of the equation
multiplication on both sides of the equation
Given
the given statement
Addition POE
addition on both sides of the equation
21 terms
blood bank math
hematocrit
total blood volume
what calculations are dependent on pla…
hemoglobin
fraction of blood composed of red blood cells (volume percent…
plasma and packed red blood cells
hemoglobin and hematocrit... if patient is dehydrated (lower pl…
g/dL... roughly 3 x rbc = hgb or hct/3 = hgb... usually measured b…
hematocrit
fraction of blood composed of red blood cells (volume percent…
total blood volume
plasma and packed red blood cells
8 terms
Math words bank-Topic 16
等份
2等份
4等份
2分之1
equal parts
halves
quarters
half of
等份
equal parts
2等份
halves
23 terms
Math word bank
Reflexive
Symmetric Property
Transitive Property
Substitution Property
reflect upon... ex: m<A=m<A
flip them... ex: a=b the b=a
ex: a=b, b=c, then a=c
If a=b then a can be substituted for b or b for a in any equa…
Reflexive
reflect upon... ex: m<A=m<A
Symmetric Property
flip them... ex: a=b the b=a
9 terms
reason bank math
midpoint
angle bisector
segment bisector
isosceles triangle
a point on a segment that divides a segment into two congruen…
a line, ray, or segment that divides an angle into two congru…
a line, ray, or segment that intersects a segment at its midp…
2 sides in a triangle are congruent
midpoint
a point on a segment that divides a segment into two congruen…
angle bisector
a line, ray, or segment that divides an angle into two congru…
25 terms
business math Pinnacle Bank
account
Auto insurance
Atm (Automated teller machine )
bad check
arrangement with a bank or or credit union letting you deposi…
protects against losses to properly and injuries to people in…
used to withdraw cash from a checking account
check written for more money than you have in you're account
account
arrangement with a bank or or credit union letting you deposi…
Auto insurance
protects against losses to properly and injuries to people in…
36 terms
Financial Math Bank Quiz
Why keep money in a bank?
What does FDIC stand for?
Most Credit Unions are insured by the…
Financial institution run under Federa…
Safety, convenience, security, cost, financial future
Federal Deposit Insurance Corporation
NCUA (National Credit Union Administration
Banks
Why keep money in a bank?
Safety, convenience, security, cost, financial future
What does FDIC stand for?
Federal Deposit Insurance Corporation
8 terms
Math word bank
Explicit rule
Function
Inductive reasoning
Linear function
An output value for each given input value
A rule that assigns to each input value exactly one output va…
Form of reasoning in which the conclusion is supported by the…
A straight line on a graph
Explicit rule
An output value for each given input value
Function
A rule that assigns to each input value exactly one output va…
Math Reasons Work Bank
Addition P.O.E.
Subtraction P.O.E.
Multiplication P.O.E.
Division P.O.E.
Add to both sides
Subtract from both sides
Multiply to both sides
Divide from both sides
Addition P.O.E.
Add to both sides
Subtraction P.O.E.
Subtract from both sides
12 terms
Math Word Bank
multiplication
addition
division
subtraction
an arithmetic operation that is the inverse of division
the arithmetic operation of summing
an arithmetic operation that is the inverse of multiplication
an arithmetic operation in which the difference between two n…
multiplication
an arithmetic operation that is the inverse of division
addition
the arithmetic operation of summing
36 terms
Financial Math Bank Quiz
Why keep money in a bank?
What does FDIC stand for?
Most Credit Unions are insured by the…
Financial institution run under Federa…
Safety, convenience, security, cost, financial future
Federal Deposit Insurance Corporation
NCUA (National Credit Union Administration
Banks
Why keep money in a bank?
Safety, convenience, security, cost, financial future
What does FDIC stand for?
Federal Deposit Insurance Corporation
81 terms
quiz bank math questions
If a capitalization rate of 10.5% is u…
The broker agreed to pay his sales ass…
A building was sold for $90,000. The b…
A home has been assessed by the county…
The answer is $80,228.57. ... $8,424 net income ÷ .105 rate = $8…
The answer is $12,320.... $22,400 total commission; 100% - .45…
The answer is $9,810. ... $90,000 × .10 = $9,000 down payment; $…
The answer is $1,250. ... $25,000 × .030 mills = $750 savings; $…
If a capitalization rate of 10.5% is u…
The answer is $80,228.57. ... $8,424 net income ÷ .105 rate = $8…
The broker agreed to pay his sales ass…
The answer is $12,320.... $22,400 total commission; 100% - .45…
9 terms
Math word bank quiz
Association
Bivariate data
Categorical data
Frequency table
A relationship between the variations so that variation are d…
Data that has two variables
Data sorted into categories colors and measurements
Table that list items and numbers of times they occur
Association
A relationship between the variations so that variation are d…
Bivariate data
Data that has two variables
11 terms
Math Banks/Economy Floogle
What are the two purposes of banks?
How are they related?
How do banks make money?
What are three types of interest?
1.To keep and store our money... 2. To loan money
They use our money to loan
They charge a higher percent on loans than to store our money
1. Bad interest-Credit card interest; 22-24%... 2. Not so good i…
What are the two purposes of banks?
1.To keep and store our money... 2. To loan money
How are they related?
They use our money to loan
Consumer Math - Personal Banking Unit
Available Balance
ATM/Debit cards
Checking Account
Debit
The current balance in an account,minus any holds
The amount of your purchase or withdraw is taken out of your…
A checking account is a safe and convenient way for you to pa…
Charge, or a withdraw, or a subtraction
Available Balance
The current balance in an account,minus any holds
ATM/Debit cards
The amount of your purchase or withdraw is taken out of your…
Math of Personal Finance (banking vocabulary)
balance
interest
deposit
withdraw
amount in your account
money bank pays you for your money. and money you pay bank fo…
to put money IN an account
to take money Out
balance
amount in your account
interest
money bank pays you for your money. and money you pay bank fo…
42 terms
Financial Math: Employment and Personal Banking
Biweekly/semimonthly
Direct Deposit
Overtime
Gross Pay
Receiving 26 or 24 paychecks a year
Paycheck auto-deposited into bank account
working passed your required weekly hours, usually pays 1.5 t…
total amount of money received before tax and social security…
Biweekly/semimonthly
Receiving 26 or 24 paychecks a year
Direct Deposit
Paycheck auto-deposited into bank account
134 terms
Consumer Ed-Banking minus math
true
true
false
true
T/F: the first financial institutions in America were commerc…
T/F: savings and loan associations began as a source of funds…
T/F: when an early bank made a loan, the borrower received gold
T/F: gold is an example of "specie"
true
T/F: the first financial institutions in America were commerc…
true
T/F: savings and loan associations began as a source of funds…
49 terms
Math: Word Bank 2 and Formulas
Polygon
Triangle
Equilateral Triangle
Isosceles Triangle
A simple closed curve in the plane that is composed only of l…
A polygon with 3 sides.
All 3 sides have the same length.... Properties:... -Base angles ar…
At least 2 sides have the same length.... Properties:... -The angle…
Polygon
A simple closed curve in the plane that is composed only of l…
Triangle
A polygon with 3 sides.
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