NGPF Banking Unit Review

NGPF Banking Unit Review

Assessment

Flashcard

Mathematics

9th - 12th Grade

Practice Problem

Hard

Created by

Raymond Heavens

FREE Resource

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26 questions

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1.

FLASHCARD QUESTION

Front

To avoid frequent trips to the bank, many people use an ATM to withdraw cash, or check their ____________________.

Back

balance

2.

FLASHCARD QUESTION

Front

A(n) ________________ shows all the transactions in your account, and is usually sent out once a month.

Back

Bank Statement

3.

FLASHCARD QUESTION

Front

Your savings account can grow by earning __________.

Back

Interest

4.

FLASHCARD QUESTION

Front

A(n) ______________ is linked directly to your checking account, and can be used to make daily purchases or at an ATM to withdraw $.

Back

Debit Card

5.

FLASHCARD QUESTION

Front

Your job may offer you ______________, which electronically transfers your paycheck directly into your checking account.

Back

Direct Deposit

6.

FLASHCARD QUESTION

Front

What protects your $ in the bank up to $250,000 per account, in case the bank fails?

Back

FDIC Insurance

7.

FLASHCARD QUESTION

Front

Some banks may charge a ________________ each month just to keep your checking or savings account open.

Back

Maintenance Fee

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