Banking Quiz (enrichment)

What is a significant advantage of online banking?

• 24/7 availability

• limited access hours

• paper transactions

• in-person bank visits

The _ of a bank account lets you know how much money is in it.

• balance

• deposit

• withdrawal

• transaction

Sam was given $50 to go shopping. After he bought some food, he had $37.23 in his account. He buys a shirt for $16.55. What is his new balance?

• $12.77

• $16.55

• $20.68

• $33.45

What is necessary for using online banking?

• Internet

• Email address

• Library Card

• Phone

What can be done through online banking?

• check account balances only

• transfer money only

• Pay bills

• Apply for loans

What should be avoided when using online banking?

• Passwords

• Public WiFi

• checking account balances

• transferring funds

What is an essential security measure in online banking?

• using a password

• sharing passwords

• avoid software updates

• multi-factor authentication

What device is commonly used for online banking?

• TV

• radio

• calculator

• cell phone

Ms. Blackmon went shopping with $250. She bought her son a special mouthpiece for football that costs $89. After withdrawing $9, she bought a pair of shoes for her son and daughter. If the shoes cost the same price, how much was each shoe?

• $76

• $85

• $161

• $339

Starting Balance: $31.60

What is the current balance on this account?

• $7.05

• $24.55

• $19.90

• $51.50