Chapter 19- Personal Banking

Chapter 19- Personal Banking

Assessment

Flashcard

Business

9th Grade

Practice Problem

Hard

Created by

Wayground Content

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15 questions

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1.

FLASHCARD QUESTION

Front

Using a debit card has the same result as____

Back

Writing a check

2.

FLASHCARD QUESTION

Front

An individual retirement account in which individuals contribute after-tax income and qualified withdrawals are not taxed is a(n)

Back

Roth IRA

3.

FLASHCARD QUESTION

Front

The signature on the back of a check is a(n)

Back

Endorsement

4.

FLASHCARD QUESTION

Front

A combination of savings and checkings account is a(n) _____ checking account

Back

Interest-bearing account

5.

FLASHCARD QUESTION

Front

A bank account used by depositors to accumulate money for future use is a(n)

Back

Savings plan

6.

FLASHCARD QUESTION

Front

A plan to develop investment growth is a(n) _____ plan

Back

Personal Investment

7.

FLASHCARD QUESTION

Front

A legal document stating a person's wishes for his or her estate after death is a(n)

Back

Will

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