Banking

Flashcard
•
Professional Development
•
7th Grade
•
Hard
Wayground Content
FREE Resource
Student preview

16 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What are pawn shops?
Back
They charge high interests on tangible assets.
2.
FLASHCARD QUESTION
Front
What are rapid refund services?
Back
Provide instant refunds when you have your taxes prepared.
3.
FLASHCARD QUESTION
Front
What is "interest"?
Back
Rate earned, compounding method, fee charged.
4.
FLASHCARD QUESTION
Front
How should you write out the amount on a check?
Back
You should write in in words not numbers.
5.
FLASHCARD QUESTION
Front
What is a direct deposit?
Back
Earnings automatically deposited in your bank account from a job or government agency.
6.
FLASHCARD QUESTION
Front
What is online banking?
Back
Banking through online services.
7.
FLASHCARD QUESTION
Front
What are smart cards?
Back
Debit or credit cards with a microchip.
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