

Banking
Presentation
•
Social Studies
•
6th - 8th Grade
•
Medium
Jawan Johnson
Used 69+ times
FREE Resource
20 Slides • 11 Questions
1
Banking
February 23, 2021
2
Poll
How has your day been?
3
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9
Multiple Choice
The term describes a business that stores the money of people and businesses and makes loans to its consumers
interst
loan
bank
10
Multiple Choice
This is an amount that is borrowed from a bank or credit union.
interest
loan
bank
11
12
Multiple Choice
This is the legally accepted payment for goods and services.
debit
credit
money
13
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15
Multiple Choice
This is a type of banking card that, when used, withdraws money from a banking account that is linked to that card.
debit
credit
laon
16
Multiple Choice
Ability to obtain goods and services before payment, or money lent or made available, both with specific guidelines for repayment.
credit
debit
bank
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19
Multiple Choice
What is an example of credt?
A person borrows money from a finance company to buy a car.
A person deposits a paycheck into a savings account.
A person pays interest on an existing mortgage.
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24
Multiple Choice
While credit is all or part of an amount a borrow may use, debt is:
the unused portion of credit.
the amount of credit that is used.
repaid before credit is extended.
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29
Multiple Choice
A new video game is coming out in a month and you would like to have enough money to purchase it. Which of these is your BEST financial choice in buying the game?
put money into a savings account at a bank
spend more money now and buy the video game with a credit card
ask the store if they will loan you the money for the video game
30
Multiple Choice
Which of these is LEAST LIKELY to determine credit worthiness?
personal health history
amount of income
payment history
31
Multiple Choice
Jose is applying for an automobile loan. The lender considers Jose creditworthy MOST LIKELY because Jose
has many credit cards already.
has made on-time payments to other loans.
has a new job.
Banking
February 23, 2021
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