Financial Algebra

2. The amount of money in a checking account at the beginning of a statement period.
7. Deposits into a bank account.
9. Same as balancing; the process of verifying the bank's records to make sure no errors have been made.
13. A business that has lists of job openings and charges a fee to find jobs for people.
15. The account owner of a check; the person who writes the check.
16. A written order used to tell a bank to pay money (transfer funds)from an account to the check holder.
17. An annual rate of interest that takes into account the effect of compounding.
18. The money in a bank account that is held until the issuing bank of a check pays for a check.
19. A record of all transactions in a checking account, including checks written, deposits made, fees paid, ATM withdrawals, and so on.
20. Interest that is earned on the money deposited into an account plus previous interest.
22. The amount of money in a checking account at the end of a statement period.
23. Additional compensation from an employer.
24. The total pay, which is the sum of an employee's hourly pay and overtime pay.

1. The balance, or amount of money, in an account, or amount borrowed.
3. The interest rate paid per year or charged per year.
4. The process that happens when a bank pays for a check out of a checking account
5. Checks that do not appear on the bank statement.
6. The federal act that established Social Security insurance.
8. Interest that is calculated on the principal in an account
10. A short accounting of a job-seeker's education and qualifications for employment.
11. A method for calculating interest so that it is paid once a year.
12. Expenses for electricity, natural gas, heating oil, and water that are incurred while living in a home.
14. Deposits that do not appear on the bank statement.
21. Withdrawals from a bank account.