Check Writing/ Account Balancing

A debit card

• is the same as a credit card.
• charges interest on all transactions.
• is the same as a check, only in a plastic form.
• is similar to a check, but delays payments like a credit card.

Tags

CCSS.6.NS.C.5

Deposits represent

• money that is subtracted from your checking account.
• money that is available in your checking account.
• money that is added to your checking account.
• purchases made with a debit card.

Tags

CCSS.7.NS.A.1A

A debit card is

• Like an ATM card, but you can also use it to make purchases at retail locations and funds are wirthdrawn directly from your checking account

• The same as a credit card, buy now, pay later

• Similar to a gift card from a retail store, since you buy the debit card and replenish the funds once a month.

• Only used to get cash from an ATM

Kayla had a balance of $106.15 in her checking account. She deposited $75.00. What is her new balance?

• 41.15

• 171.15

• 31.15

• 181.15

Tags

CCSS.6.NS.B.3

Willis had a balance of $546.24 in his checking account. He wrote a check for $100.35. What is his new balance?

• 645.63

• 445.89

• 646.59

• 446.85

Tags

CCSS.6.NS.B.3

How much was check# 1292 for the insurance bill?

• $104.81

• $647.07

• $155.09?

• $96.79

Tags

CCSS.6.NS.B.3

To take money out of the bank​

• Deposit
• Overdraw
• Withdraw
• Balance

To put money in the bank​

• Deposit
• Withdraw
• Overdraw
• Balance

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

Every check that you write needs:

• Signature

• Date

• Amount written in words and numbers

• All of the above