Savings Accounts Doodle Notes

Savings Accounts Doodle Notes

9th - 12th Grade

6 Qs

quiz-placeholder

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Savings Accounts Doodle Notes

Savings Accounts Doodle Notes

Assessment

Quiz

Other

9th - 12th Grade

Hard

Created by

brandi joice

FREE Resource

6 questions

Show all answers

1.

MATCH QUESTION

1 min • 1 pt

Match the vocabulary with the definition

Adding money to an account

Withdrawal

Taking money from an account

Deposit

Account with higher interest rate

joint savings account

Account for saving money for gifts

Holiday savings account

An account used by two people

High interest savings account

2.

CLASSIFICATION QUESTION

3 mins • 1 pt

Sort the information into the correct category.

Groups:

(a) Fees from banks

,

(b) Positive things from savings

,

(c) Negative things from savings

,

(d) Types of savings accounts

You are limited on the number of times you can withdrawl

Holliday

You are paid interest

General account cost

Using ATM that is not your bank

High interest

wire transfers

Over draft

Joint

Your money is insured by the federal government

Emergency

You can be charged fees

You are paid a low amount of interest

Your money is protected

3.

MATCH QUESTION

1 min • 1 pt

Match the following

Wire transfer

Fees for having an account

Account fees

Fee for sending money to a different bank

Overdraft Fees

Fee for using an ATM from a different bank

ATM Fees

Fee for taking out more money than you have

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Chose all that are true about a savings account. (choose all that apply)

Used for money that will not be needed soon.

You Do Not have to pay a fee for taking money out multiple times each month.

You Do have to pay a fee for taking money out multiple times each month.

You earn money when you leave your money in your saving account.

You do not earn money when you leave your money in your saving account.

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Choose all statements that are true about storing money in your savings account.

Your money is more protected at the bank than at your house

Your money is ;less protected at the bank than at your house

You earn interest (making money while you sleep)

You do not earn interest when you put your money in a savings account

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

When you put money in the bank what does the bank do with it. Choose all that apply

They loan it out to other people and make interest on that money.

They earn more interest than they give you on the money you deposit.

They loan out your money but give you all the interest

They earn no interest on the money you deposit because it is yours. So only you get interest off of your money.