4.10E (Supporting) - 4th Grade Math STAAR Review

Front

Which of these statements describe the primary services of a bank?

Back

Statements I, II, and IV only

Front

Which statement best describes a primary service of a bank?

Back

Banks offer checking and savings accounts to their customers.

Front

You ___________ money when you make a withdraw.

Back

subtract

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4.10.E

Front

Which of these services is not provided by a financial institution such as a bank or credit union?

• Informing customers of the amount of money in their accounts
• Informing customers of how the money in their accounts must be spent
• Providing cash when customers make withdrawals from their accounts
• Providing loans to customers that can be paid back over time with interest

Back

Informing customers of how the money in their accounts must be spent

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4.10.E

Front

Which of these services is not provided by a financial institution such as a bank or credit union? Options: Informing customers of the amount of money in their accounts, Informing customers of how the money in their accounts must be spent, Providing cash when customers make withdrawals from their accounts, Providing loans to customers that can be paid back over time with interest.

Back

Informing customers of how the money in their accounts must be spent

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4.10.E

Front

Which is a good reason to use a Financial Institution?

Back

Putting your allowance in a safe place

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4.10.E

Front

Which situation shows a financial institution as a borrower?

Back

Luis deposits his paycheck into a savings account

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4.10.E

Front

When you pay back a loan, you not only pay the amount you borrowed, you also pay it back with _____________

Back

Interest

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4.10.E

Front

Which of the following is NOT a good reason to use a financial institution? Options: Borrowing money for college, Placing your birthday money in an account, Letting your friend borrow $10, Taking out a loan to purchase a home.

Back

Letting your friend borrow $10

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4.10.E

Front

A business that focuses on dealing with financial transactions such as investments, loans, and deposits, such as a bank or credit card company.

Back

financial institution

Tags

4.10.E