Deposits and Withdrawals

Front

What is a deposit?

Back

Money put into a bank, putting money away, saving money.

Front

What is a withdrawal?

Back

Taking money out, money out.

Front

Laila wants to go on vacation. She has $900 in her account. She takes out $400 for the vacation. How much does she have left in her account?

Back

$500.

Front

Nathaniel has $20. He puts $30 more into his account. How much does Nathaniel have in his account now?

Back

$50.

Front

Katie goes to the bank. She takes money out of her account. Katie has made a:

Back

Withdrawal.

Front

What does it mean to save money?

Back

To keep money for future use instead of spending it.

Front

What is a bank?

Back

A place where people keep their money safe.

Front

If you have $100 and you deposit $50, how much do you have now?

Back

$150.

Front

If you have $200 and you withdraw $75, how much do you have left?

Back

$125.

Front

What is the purpose of a savings account?

Back

To save money and earn interest.