Savings Accounts
Bank terminology
Type of Account
100

TRUE OR FALE


A Savings account and a Checking Account is the same thing


FALSE

100

Deposit is associated with this order of operations  in math

    Addition

100

Sally bought a pair of socks using this account.

Checking

200

TRUE  OR False?


A SAVINGS ACCOUNT IS PRIMARILY  USED TO SAVE MONEY

True

200

Withdrawal is associated with this order of operations  in math

Subtraction 

200

Jennifer is getting married next  year. She is saving money for her wedding. Which type of account should Jennifer use?

SAVINGS  ACCOUNT

300

TRUE OR FALSE

A CHECKING ACCOUNT IS USED TO MAKE EVERYDAY  PUTCHASES 

True

300

This word begins with the letter "B" and means how the money someone has right now

BALANCE

300

Mark plans to buy a PS5 from Target. Which type of account  should he use to make his purchase?

Checking Account

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