What is a bank account balance?
2.3 Practice B Big Ideas

Flashcard
•
Mathematics
•
7th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
A bank account balance is the amount of money available in a bank account at a given time.
2.
FLASHCARD QUESTION
Front
What happens when you withdraw more money than your bank account balance?
Back
If you withdraw more money than your bank account balance, you may incur overdraft fees, and your account balance will become negative.
3.
FLASHCARD QUESTION
Front
What is an overdraft fee?
Back
An overdraft fee is a charge that a bank applies when a withdrawal exceeds the available balance in an account.
4.
FLASHCARD QUESTION
Front
How do you calculate the new balance after multiple withdrawals?
Back
To calculate the new balance, subtract each withdrawal from the current balance, and if the balance goes negative, add the overdraft fee.
5.
FLASHCARD QUESTION
Front
What is the formula for finding the difference between two numbers?
Back
The difference between two numbers is found by subtracting the smaller number from the larger number.
6.
FLASHCARD QUESTION
Front
How do you convert mixed numbers to improper fractions?
Back
To convert a mixed number to an improper fraction, multiply the whole number by the denominator, add the numerator, and place the result over the original denominator.
7.
FLASHCARD QUESTION
Front
What is the circumference of a circle?
Back
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