Morning Work Week 27 Day 4

After reading this text, a reader will know

• more about banks.

• more about bank accounts.

• more about loans and when to use them.

• all of the above.

The author most likely wrote this

• to tell about history.

• to tell a personal story.

• to get you to buy something.

• to tell how banks work.

How do banks make their money?

• Many people use online banking.

• They give you interest.

• They charge interest when they make loans.

• Many people use debit cards.

The author proposes that people keep their money in a bank to

• keep it safe and to pay interest on their money.

• keep it safe and to earn interest on their money.

• help out banks so they don't go out of business.

• keep it safe, but that they should also keep a piggy bank.

Why might you put money into a savings account?

• for a vacation

• for the phone bill

• for food

• for a pair of socks

What is the main idea?

• People get loans when they need a car.

• Never take your money out of the bank.

• Banks help people with savings and loans.

• It’s better to trade than use money.