Banking
Authored by Cindy Steinberg
Other Sciences
11th - 12th Grade
CCSS covered
Used 125+ times
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29 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
To take money out of the bank
Deposit
Overdraw
Withdraw
Balance
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
To take more money out of your account than is available
Overdraw
Deposit
Withdraw
Balance
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Money which your bank account earns
Balance
Checking
Savings
Interest
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Unchanging rate of interest
Variable Interest Rate
Savings
Fixed interest rate
Interest
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Rate of interest which changes regularly
Fixed Interest Rate
Savings
Interest
Variable Interest Rate
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which is a difference between Banks and Credit Unions?
Banks have Checking accounts and Credit Unions have Savings Accounts
Banks are for profit. Credit Unions are Non-profit.
Banks can give loans and Credit Unions cannot
Credit Unions allow everyone to join and Banks are selective
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which is not a factor you would consider when looking for a Bank or Credit union?
Location
Looks
Free Checking
Services
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