Conceptos Financieros Básicos

What does it mean to make a deposit?

• To put money into a bank account.

• To withdraw money from a bank account.

• A document that shows the account balance.

What is a bank statement?

• A document that shows all transactions.

• A machine to withdraw cash.

• A loan that must be repaid.

What is a savings goal?

• A specific amount of money that is planned to be saved.

• The money earned from working.

• The percentage of interest paid when taking out a loan.

What does withdrawing cash mean?

• Taking money out of a bank account.

• Depositing money into an account.

• A type of loan.

What is a loan?

• Money that must be repaid with interest.

• Money that is saved in the bank.

• A type of tax.

What are debts?

• Money owed to another person or entity.

• Money earned from working.

• A type of interest.

What is an interest rate?

• The percentage of additional money paid when borrowing.

• The money saved in the bank.

• The money paid to the government.

What are taxes?

• Money paid to the government for public services.

• Money earned from working.

• Money owed to another person.