Banking - Test Review

The fee associated with borrowing money.

• Interest

• Deposit

• Withdraw

• Investment

Money the bank pays to you for letting them "borrow" your money

• Loan

• Interest

• Deposit

• Withdraw

To take money out the bank

• Deposit

• Loan

• Tax

• Withdraw

A medium of exchange that sets a common standard of value.

• Currency

• Money

• Income

• Reserve

An account where you would keep money you use day to day.

• Saving

• Checking

• Investment

• ATM

A debit card is _____________ money.

• the bank's money

• your money

• borrowed money

A credit card uses money that is owned by ________________.

• You

• The bank

• a loan

• interest

This account earns a higher interest because that money is not used day to day.

• Checking Account

• Loan

• Saving Account

• ATM

This machine is available 24 hours, 7 days a week for deposits and withdrawals.

• Bank Teller

• ATM

• Bank Manager

• Financial Analyst

This person takes care of deposits and withdrawals at the bank.

• Bank Teller

• ATM

• Bank Manager

• Financial Analyst