Banking: Ch. 4

Banking: Ch. 4

9th - 12th Grade

20 Qs

quiz-placeholder

Similar activities

BLUE YOU

BLUE YOU

12th Grade

17 Qs

Accommodation Intro

Accommodation Intro

10th Grade

15 Qs

ABM 5 QUIZ 1

ABM 5 QUIZ 1

12th Grade

20 Qs

Chapter 7 Business review quiz

Chapter 7 Business review quiz

9th - 12th Grade

15 Qs

Shark Stock - Profit/Loss 5/15/2024

Shark Stock - Profit/Loss 5/15/2024

9th - 12th Grade

20 Qs

REVIEW 1 - BEC III

REVIEW 1 - BEC III

12th Grade

20 Qs

BUSINESS FINANCE - Q2 REVIEW

BUSINESS FINANCE - Q2 REVIEW

12th Grade

15 Qs

Banking: Ch. 4

Banking: Ch. 4

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Dustin Buentello

Used 31+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the formula for calculating simple interest:

W x M

P/R x T

P x R x T

M1 x M2

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a time deposit?

certificate of deposit

money market account

savings account

all of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following governing documents list interest rates in effect at the time for various types of accounts?

deposit rate schedules

account rules

disclosure statements

fee schedules

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A check that is dated six months or more before it is presented for payment or deposit is called a(n)

bounced check

post-dated check

stale check

overdraft check

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following accounts is NOT considered a time deposit account?

money market account

savings account

certificate of deposit

checking

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Adding interest to the principal and paying interest on the new total is called paying ____________

total interest.

simple interest.

compound interest.

semi annual interest

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a way that the Fed adjusts the money supply?

Buying U.S government securities to put money into the economy

Selling U.S government securities to take money out of the economy

Adjusting the discount rate

Closing banks that the Fed does not like

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?