BANKING AND APR

THERE ARE TWO MAIN TYPES OF ACCOUNTS THAT YOU MAY HAVE AT A BANK. CLICK THEM BELOW

• CHECKING

• TAXES

• VACATION

• SAVINGS

CHECKING ACCOUNTS ARE PRIMARILY USED FOR....(CLICK ALL CORRECT)

• PAYING BILLS

• SPENDING MONEY OUT OF

• DEPOSITING MONEY

• KEEPING MONEY FOR EMERGENCIES

ATM IS AN ACRONYM FOR.....

• AUTO TICKET MACHINE

• ANSWER THE MATH

• AUTOMATIC TELLER MACHINE

• AWESOME TAPE MEASURE

INTEREST IS ALWAYS A BAD THING

• YES

• NO

WHEN I PUT MONEY IN THE BANK IT IS CALLED A....

• WITHDRAW

• INPUT

• ADDITION

• DEPOSTI

AUTOMATIC DEPOSITS, PHONE APPS, TRANFERING MONEY, QUICKLY CHECKING BALANCES ARE ALL ADVANTAGES OF .....

• USING A GOOD BANK

• DEBIT CARDS

• ONLINE BANKING

• THE INTERNET

WHAT IS THE SAFETY FEATURE THAT IS USED WITH A DEBIT CARD?

• PIN NUMBER

• SIGNATURE

• SECURITY CODE ON BACK OF CARD

• MUST PROVIDE ID WHEN USING

CLICK ALL CORRECT ADVANTAGES TO USING A DEBIT CARD

• YOU CAN BORROW MONEY FOR THE MONTH

• IT QUICK WITHDRAWLS

• ITS SAFER THAN CARRYING CASH

• IT PULLS MONEY STRAIGHT FROM YOUR SAVINGS ACCOUNT

HOW DOES A BANK MAKE IT'S MONEY?

• BY CHARGING PEOPLE INTEREST

• BY KEEPING SOME OF YOUR MONEY

• IT CHARGES PEOPLE FOR USING THE ATM

• THE GOVERNMENT GIVES THEM MONEY TO OPERATE

HOW LONG IS THE USUAL GRACE PERIOD

• 30 DAYS

• 4 WEEKS

• 28 DAYS

• 3 MONTHS