Unit 2 Review: Financial Institutions

Financial Institutions

Vocabulary and Mathematical Formulas

Multiple Select

Which of the following are financial institutions? There are three that apply.

• Bank

• Insurance company

• Credit Union

• School

• Home

Multiple Choice

What institution would you go to, to open a checking account?

• The Bank

• The Insurance Company

Multiple Choice

Which type of account do you write checks for to get money out?

• Checking Account

• Savings Account

Open Ended

Savings accounts help you save money at a higher interest rate than checking accounts. What are things that you think you can save for?

Multiple Choice

What type of insurance do you need for your house?

• Home Insurance

• Car Insurance

Let's Review Vocabulary

Quizlet