Savings Accounts Answers

Consider the following incomplete deposit ticket: What was the value of the third check Tony deposited?

Consider the following incomplete deposit ticket: What was Art’s total deposit?

Manny has just filled out his deposit ticket for his savings account. He hands it to the teller and the teller hands it back to Manny. The teller explains to Manny that the deposit ticket cannot be accepted in its current form. What must Manny do to the deposit ticket in order for the teller to process the deposit ticket?

Consider the following incomplete deposit ticket: How much cash did Liz receive? Please select the best answer from the choices provided

Ruby wants to start her own business taking photographs. She already has her own camera, but needs to purchase lights, a photo printer, and photo paper. If the cost of the photo printer is $251.99, the cost of lighting is $150.00, and the cost for 100 sheets of photo paper is $30.98, determine how much of her savings will be used to start her company, given that she has $840.32 in savings.

You have decided both to open a savings account and to purchase a vehicle. You would like a savings account with the highest interest rate and a vehicle loan with a low interest rate. You currently have a checking account at Bank A. From the banks listed below, determine with which bank you should open a savings account and at which bank should you apply for your vehicle loan.

Having a savings account can contribute to a person’s overall financial well-being. Which one of the following is NOT a benefit of maintaining a savings account?

Which of the following forms of I.D. is not an acceptable form of I.D. for opening a savings account?

Which of the following would be a good reason to place your money into a savings account?

Consider the following incomplete deposit ticket. What was the subtotal of Rachel’s deposit?