TEKS.MATH.6.14A

Maggie is comparing financial institutions to find the best deal for her. She wants a low or free checking account and free ATM usage. The cost and features of two different banking options are listed. Which financial institution is the best deal for her and why?

• Financial institution option number 1 is the best deal for her because it has a checking account fee of only $7.

• Financial institution option number 2 is the best deal for her because their basic checking is free.

• Financial institution option number 1 is the best deal for her because it has free online banking.

• Financial institution option number 2 is the best deal for her because it has a check writing charge of only $0.25.

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TEKS.MATH.6.14A

Mrs. Garcia pays all her bills using online banking and maintains a minimum checking balance of $400. She uses her debit card while shopping and at the ATM. Which banking institution is the best deal for her?

• A banking institution that offers free or low cost checking accounts, has online banking, and offers a free debit card.

• A banking institution that has a low fee for checking accounts and $0.25 or less for writing checks.

• A banking institution that charges a low monthly checking account service fee, has unlimited check writing, and overdraft protection.

• A banking institution that has no fee for writing checks and a savings account option.

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TEKS.MATH.6.14A

Sunshine Bank offers free checking, a savings account for $5.00 per month, free online banking, and an overdraft fee of $35.00 as well as a free debit card. Johnson Credit Union offers a checking account for $3.00 per month, a free savings account, and an overdraft fee of $25.00 as well as a free debit card. Which statement below does NOT accurately compare these two banking options?

• Sunshine Bank offers free checking as opposed to a $3.00 fee for checking charged by Johnson Credit Union.
• Both banks offer a free debit card and free online banking.
• Sunshine Bank charges $10.00 more for an overdraft fee.
• Johnson Credit Union and Sunshine Bank both charge a fee for a savings account.

Tags

TEKS.MATH.6.14A

Maggie is comparing financial institutions to find the best deal for her. She wants a low or free checking account and free ATM usage. The cost and features of two different banking options are listed. Which financial institution is the best deal for her and why?

• Financial institution option number 1 is the best deal for her because it has a checking account fee of only $7.

• Financial institution option number 2 is the best deal for her because their basic checking is free.

• Financial institution option number 1 is the best deal for her because it has free online banking.

• Financial institution option number 2 is the best deal for her because it has a check writing charge of only $0.25.

Tags

TEKS.MATH.6.14A

Mrs. Garcia pays all her bills using online banking and maintains a minimum checking balance of $400. She uses her debit card while shopping and at the ATM. Which banking institution is the best deal for her?

• A banking institution that offers free or low cost checking accounts, has online banking, and offers a free debit card.

• A banking institution that has a low fee for checking accounts and $0.25 or less for writing checks.

• A banking institution that charges a low monthly checking account service fee, has unlimited check writing, and overdraft protection.

• A banking institution that has no fee for writing checks and a savings account option.

Tags

TEKS.MATH.6.14A

Sunshine Bank offers free checking, a savings account for $5.00 per month, free online banking, and an overdraft fee of $35.00 as well as a free debit card. Johnson Credit Union offers a checking account for $3.00 per month, a free savings account, and an overdraft fee of $25.00 as well as a free debit card. Which statement below does NOT accurately compare these two banking options?

• Sunshine Bank offers free checking as opposed to a $3.00 fee for checking charged by Johnson Credit Union.
• Both banks offer a free debit card and free online banking.
• Sunshine Bank charges $10.00 more for an overdraft fee.
• Johnson Credit Union and Sunshine Bank both charge a fee for a savings account.

Tags

TEKS.MATH.6.14A