Financial Institutions (Checking & Savings)

Financial Institutions (Checking & Savings)

Assessment

Flashcard

Financial Education

12th Grade

Hard

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23 questions

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1.

FLASHCARD QUESTION

Front

Money that your bank account earns

Back

Interest

2.

FLASHCARD QUESTION

Front

Required amount of money in account

Back

Minimum Balance

3.

FLASHCARD QUESTION

Front

What is a SAVINGS ACCOUNT?

Back

a bank account that earns interest

4.

FLASHCARD QUESTION

Front

Mikey is going to college and will not be home often to visit his home bank. He is responsible for his own bills. He needs a way to access his money and track what he spends. Options: Personal Loan, Online Banking, Business Loan, Safe Deposit Box

Back

Online Banking

5.

FLASHCARD QUESTION

Front

Frank wants cash from his bank but it is closed. He wants to use an ATM, what can he use at the ATM?

Back

Debit Card

6.

FLASHCARD QUESTION

Front

What kind of account should Samantha get to save money for college? Options: Savings Account, Safe Deposit Box, Online Banking, Personal Loan

Back

Savings Account

7.

FLASHCARD QUESTION

Front

Spiderman is at home and wants to check his account balance. He has internet, what should he use to check his balance?

Back

Online Banking

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