Financial Literacy

Front

The actions of depositing and withdrawing money.

Back

Transactions

Front

To put money into an account.

Back

Deposit

Front

Amount charged if your payment is received after the billing date

Back

late payment fee

Front

What was the balance of the account at the end of the day on 7/24? Options: 4720.33, 4320.03, 5091.15, 4500.75

Back

4320.03

Front

What is the starting balance on this check register?

Back

4500.75

Front

Which one of the following are financial institutions? bank and credit union, library and hospital, school and museum, Starbucks and Wal-Mart

Back

bank and credit union

Front

Which services is a bank likely to offer? Options: net deposit and balance, online banking and savings accounts, check writing and car wash, credit card and Tootsie Rolls

Back

online banking and savings accounts

Front

You can continue to write checks as long as you have checks in your checkbook.

Back

False

Front

All bank transactions should be recorded in the register.

Back

True

Front

Banks offer different kinds of accounts because:

Back

Different customers have different needs