L306 types of bank accounts

L306 types of bank accounts

6th - 8th Grade

6 Qs

quiz-placeholder

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L306 types of bank accounts

L306 types of bank accounts

Assessment

Quiz

Professional Development

6th - 8th Grade

Medium

Created by

Education 10x

Used 570+ times

FREE Resource

6 questions

Show all answers

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 BLANK QUESTION

1 min • 1 pt

_____ 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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