L306 types of bank accounts
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Professional Development
6th - 8th Grade
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In _____ account, people deposit there paycheck.
Savings
Checking
Money market
Certificate of deposit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Does checking accounts earn interest?
Yes
No
Maybe
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
cheque are provided in savings account also.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Funds are locked-up in certificate of deposit.
True
False
5.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
(a) account is a blend of checking and savings account.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
From the following accounts, which account earns the highest rate of interest?
Savings
money market
Certificate of deposit
checking
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