A Checking Account
Presentation
•
Mathematics
•
5th - 6th Grade
•
Practice Problem
•
Medium
+1
Standards-aligned
Alexandria Reason
Used 27+ times
FREE Resource
3 Slides • 4 Questions
1
2
Banks offer features at a cost, or charge fees when requirements aren't met.
These fees are Withdrawn from your account.
The overdraft fee is charged when your account balance drops below $0.00
3
A deposit is when a sum of money is added into a bank account. ex. depositing a paycheck or cash
A withdrawal is when money is subtracted from an account. For Example: Paying for a purchase
Debt- is when money is owed to someone
Transfer- when money is moved from one account to another
Transaction- an instance of buying or selling something
4
Multiple Choice
Moving money from your savings to your checkings is an example of a
transfer
withdrawal
deposit
5
Multiple Choice
removing cash at an ATM
deposit
withdrawal
transfer
6
Multiple Choice
Paying a bill with bill pay
deposit
withdrawal
transfer
7
Multiple Choice
a paycheck is electronically deposited
deposit
withdrawal
transfer
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