Currency
What is another word for money?
Currency
When you borrow money from a bank, what is it called?
A loan
What is it called when you put money into your bank account?
How many cents are in one dollar?
100 cents
What do you promise to do when you take out a loan?
Pay the money back.
What is the name of the account where you can save money and earn interest?
A savings account
What is the name of the person whose picture is on the $1 bill?
George Washington
What is the extra money you pay for borrowing money called?
Interest
What piece of paper can fill out to put cash or a check into your account?
Ulysses S. Grant
What do you call the person working at the bank who loans you the money?
Loan officer/Lender
What is the machine called where you can deposit money or withdraw cash?
An ATM
What is the largest US bill ever made?
$100,000
If you borrow $100 and pay back $20 each month, how many months will it take to pay it all back (without interest)?
5 months
What does it mean when a bank pays you interest on your savings?
The bank pays you a little extra money for keeping your money in the account.