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- 1. Multiple ChoiceWhat is the amount of money required to be stay in an account?Maximum BalanceMinimum BalanceMinimum DepositMaximum Deposit
- 2. Multiple ChoiceYou should keep your pin number in your wallet.TrueFalse
- 3. Multiple ChoiceWhat is the name of a legal document that functions like cash?CheckATMDeposit slipPIN
- 4. Multiple ChoiceHow do financial institutions make most of their money?FeesInterestMutual FundsLoan Payments
- 5. Multiple ChoiceBanks create money by taking in deposits, making _______, and charging _______.interest, paymentsloans, interestpayments, loansdebt, loans
- 6. Multiple ChoiceLiam wants cash from his bank, but it is closed, He will use the ATM.credit carddebit cardsavings account
- 7. Multiple ChoiceTyler works part time. He wants to have money for college when he graduates so he won't have to borrow money.credit carddebit cardsavings account
- 8. Multiple ChoiceAmirah is going to college and will not be able to visit her home bank very often. She needs a way to access her money and track what she spends.personal loandebit cardonline banking
- 9. Multiple ChoiceMrs.Mims' home needs a kitchen makeover.She has decided to borrow money that she cannot repay for several years.safe deposit boxpersonal loanonline banking
- 10. Multiple ChoiceAlex wants new clothes. He plans to visit several stores and does not plan to carry cash.credit cardonline bankingpersonal loan
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