What is a financial institution in which people use to store their money (varied responses)
100
A public(retail) and private bank(credit union)
What is who they are owned by and how they are operated (give examples)
100
Princess is saving up for a down payment on a pre-owned car, the cost will roughly be $2,000. which kind of account would be best for her to open?
What is a savings account?
100
An employee who helps with account transactions
What is a bank teller?
100
Name 4 NFL teams
What is STEELERS,Ravens,Patriots. . .etc
200
Name 2 ways a person can use a bank.
What is Saving, borrowing, paying bill or managing money
200
A checkings and saving account
What is one is an account that is specifically made for spending the money you put in the account the other is for saving money
200
Recently debra has come into some money and instead of carrying it around she decides to open an account just for random spending, which account should she open
What is a checking account?
200
The amount of flexibility one has to to be able to get the money whenever they want it
What is Liquidity?
200
Who was the first female bank president
Who is Maggie M. Walker?
300
Privately owned banks are also known as
What is credit unions?
300
A check and a money order?
What is A check gets the money out of an account the money order has to have all the money up front?
300
Jayqua is at sears, she is offered a 20% discount if she signs up for a ____ card from sears
What is a credit card?
300
A plan on how a person will spend or they money they make or recieve
What is Budget?
300
The class that is now required of all Richmond Public School students to take
What is Personal finance and econ?
400
The pin is typically used when dealing with which type of card
What is a debit card?
400
A CDL and Savings account?
What is the liquidity?
400
Ruth had been in an accident that left her disabled. What kind of bank would be most beneficial to her if she has no way of getting around?
What is an online bank?
400
The money a person posses is their?
What are Finances?
400
Name 4 different banks
What is BOA(bank of american) Wells fargo, suntrust, fedral reserve,va credit union (varied response)
500
The central banking system for the unites states which contains a board of governors and the FOMC (federal open market commitee
What is The federal reserve?
500
A check card(debit card) and a credit card
What is a check card only uses the money in which one a person has in a bank. A credit card uses the money in which a person borrowed from the place in which they received the card.
500
John and julie just had a daughter, ever since they found out they were having a child they saved money, together they saved $3,000. They are hoping to put it into an account for her college fund. Which account should they open?
What is a CDL?
500
The interest rate charged on the balance of a credit card
What is and APR (annual percentage rate)?
500
The first bank was opened in . .*hint during George Washington's time