Banking Review
Flashcard
•
Social Studies
•
11th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview
10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Which organization insures your money in a bank account?
Back
The FDIC
2.
FLASHCARD QUESTION
Front
What does it mean to PYF (Pay yourself first)?
Back
Save 20% of each check before spending money on anything else.
3.
FLASHCARD QUESTION
Front
Which of the following has the LEAST Liquidity: Cash, Checking Account, Savings Account, House, Retirement Account?
Back
Retirement Account
4.
FLASHCARD QUESTION
Front
Which of the following earns the most amount of interest? Principal Interest, Simple Interest, Compound Interest, Mortgages
Back
Compound Interest
5.
FLASHCARD QUESTION
Front
What is the major difference between a Credit Union and a Bank?
Back
Banks are for profit, credit unions are non-profit
6.
FLASHCARD QUESTION
Front
Which of these Financial Institutions charges the highest interest: Banks, Credit Unions, Pay Day Lenders, Walmart?
Back
Pay Day Lenders
7.
FLASHCARD QUESTION
Front
Which organization insures Credit Unions?
Back
NCUA
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
