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6th - 8th Grade

17 Qs

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Assessment

Passage

English

6th - 8th Grade

Easy

CCSS
RI.6.3, 7.RP.A.3, RI.6.2

+10

Standards-aligned

Created by

Jenii Johnson

Used 1+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is Financial institutions?

Banks.

Business or organization

credit unions

paychecks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what does a bank teller do?

They just sit there

They don't handle with money

They introduce customers to bank products

They sleep

Tags

CCSS.RI.6.3

CCSS.RI.6.5

CCSS.RI.7.3

CCSS.RI.7.5

CCSS.RI.8.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main benefits of a saving account?

Liquidity

High interest rates

No government insurance

Unlimited withdrawals

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is interest on a saving account usually calculated?

Monthly or yearly

Daily

Quarterly

Bi-annually

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a passbook in the context of saving accounts?

A small book where all transactions are recorded

A document showing only deposits

An online banking tool

A type of saving account

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might be a limitation of a saving account?

Limit on the number of withdrawals per month

High withdrawal fees

No online access

No interest earned

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can you manage your saving account more efficiently from home?

Using online banking

Visiting the bank frequently

Using only a passbook

Relying on monthly statements

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