Going to Bank

What is the amount of money required to be stay in an account?

• Maximum Balance
• Minimum Balance
• Minimum Deposit
• Maximum Deposit

Tags

CCSS.7.EE.B.3

You should keep your pin number in your wallet.

• True
• False

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

What is the name of a legal document that functions like cash?

• Check
• ATM
• Deposit slip
• PIN

How do financial institutions make most of their money?

• Fees
• Interest
• Mutual Funds
• Loan Payments

Banks create money by taking in deposits, making _______, and charging _______.

• interest, payments
• loans, interest
• payments, loans
• debt, loans

Liam wants cash from his bank, but it is closed, He will use the ATM.

• credit card
• debit card
• savings account

Tyler works part time. He wants to have money for college when he graduates so he won't have to borrow money.

• credit card
• debit card
• savings account

Amirah is going to college and will not be able to visit her home bank very often. She needs a way to access her money and track what she spends.

• personal loan
• debit card
• online banking

Mrs.Mims' home needs a kitchen makeover.She has decided to borrow money that she cannot repay for several years.

• safe deposit box
• personal loan
• online banking

Alex wants new clothes. He plans to visit several stores and does not plan to carry cash.

• credit card
• online banking
• personal loan