MY ACCOUNT
It is best practice to share your debit card with _______
A. Anyone who is an owner on your account.
B. Friends online.
C. No one.
I have $60 and want to buy a Christmas gift for my mom and my dad of equal cost. How much can I spend on each person?
$30.00
To save money, I can ______
A. Increase spending and income by the same amount.
B. Decrease spending and income by the same amount.
C. Decrease spending and maintain income.
C. Decrease spending and maintain income.
True or false:
There has been a $10,000 bill.
True
*** in 1918, the Federal Reserve board issued $10,000 notes featuring Salmon P. Chase’s portrait. This note is intended for bank-to-bank large value transfers, not public circulation. Last printed 1945. Discontinued 1969.
The line on a check used for writing the payment amount with words. This is the amount a bank is required to go by when a check is negotiated.
A. Authorization line
B. Legal line
C. Print line
B. Legal line
Last year, a large cheese pizza cost $10. If this year that same pizza costs $14, this is an example of?
A. Inflation
B. Supply and demand
C. Poor people problems
A. Inflation
Money spent on things I need that should be factored into my budget first.
A. Wants
B. Living expenses
C. Luxuries
B. Living expenses
Name one of the two women who has appeared on the dollar coin.
Susan B Anthony
Or
Sacagawea
ATM stands for _________ ______ _______.
A. Automated teller machine
B. Account transaction machine
C. Automated transaction machine
A. Automated teller machine
If I set aside $50.00/ month for 2 years. How much will I have set aside?
$1200
Money that is taken out of your paycheck to pay for government funds.
Taxes
There are about 54.6 billion notes (pieces of paper currency) in circulation. This equates to about _______ in circulation.
A. $976 billion
B. $2.3 trillion
C. $589 billion
B. $2.3 trillion
A number used to identify a financial institution for purposes of electronic money transfers.
A. Postal Code
B. Routing Number
C. ACH Company ID
B. Routing Number
I have $20.00 and want to go to a movie. The tickets are $11.00, popcorn is $8.00, drinks are $6.00, and skittles are $2.00. I have enough money to_____
A. Get a ticket and popcorn and a drink and skittles.
B. Get a ticket and a drink and skittles but no popcorn.
C. Get a ticket and popcorn and skittles but no drink.
B. Get a ticket and a drink and skittles but no popcorn.
Committing money to something with the hope of achieving profit.
A. Investing
B. Borrowing
C. Earning
A. Investing
In 1963, the first ___ appeared in New York City. They allow bank customers to retrieve cash from their accounts without needing to visit the bank.
ATM
The _______ Reserve is the United States' central bank, which manages the country's money supply and financial system.
Federal
I got $50 from my parents and $25 from my grandparents for my birthday. I spent $40 on new shoes and $19 at the movies. How much do I have left?
$16
Money paid on a loan in addition to what was initially borrowed.
Interest
There is an estimated $70 million in ________ bills in circulation.
A. One-dollar bills
B. Counterfeit bills
C. Contaminated bills
B. Counterfeit bills