This a lesson on personal finance, on how to save money$$$.
1- Open Word and put your first name
3- Type the following questions to WORD
What is a savings account?
How do you make money through a bank?
Define interest?
What two types of interest are named?
When does interest work in your favor?
Banks pay interest in two ways. What are they?
_______________________ interest makes your savings grow faster.
4-Access the WEB SITE below and click on the "User Options" on the right- hand side, and click index to access Unit 3
5-Listen to Unit 3 and respond to the questions you typed on WORD
6- Copy WORD document and paste to comment
When this lesson is complete you may access the WEB SITE below with teacher approval
You guys better be nice to each other, or I'm going to be mad-- I am here in Charleston, and would rather be with you guys. All the other groups are making me look good, so I expect by favorites to be the best!! Mr G ps Ms Lori says HI, and help each other out
ReplyDeleteElizabeth Wento
ReplyDeleteSavings-is income not spent, or deferred consumption.
Bank- is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets.
I MISS YA TOO BOTH HOPE YA HAVING FUN ILY ELIZAETH W
ReplyDeletewe love you guys!!
ReplyDeletecottage one wrote by Jill
Summer
ReplyDeleteSavings- The part of a person's income that is not spent
Bank-An organization, usually a corporation, chartered by a state or federal government, which does most or all of the following:
Love,summer
Brittany
ReplyDelete1.Savings- Portion of disposable income not spent on consumption of consumer goods but accumulated or invested directly in capital equipment or in paying off a home mortgage, or indirectly through purchase of securities.
2.Bank- A check which cannot bounce because its face amount is paid to the bank when it is issued, and the bank then assumes the obligation.
Tequila Sutphin
ReplyDelete7/8/10
Bank - An organization, usually a corporation, chartered by a state or federal government.
Savings-Saving is the conservation of money. Methods of saving include putting money aside in a bank or pension plan. Saving also includes reducing expenditures, such as recurring costs.
What is a savings account? a bank account that accumulates interest
How do you make money through a bank?
Banks make money by lending your money out at interest.
Define interest?
Interest is a fee paid on borrowed assets
What two types of interest are named?
Public Interest, Economic Sector, Professional,
When does interest work in your favor?
i don’t know
Banks pay interest in two ways. What are they?
Jillraye .A.
ReplyDeleteSavings- a fund of money put by as a reserve
Bank-an organization, usually a corporation, chartered by a state or federal government
What is a savings account?
How do you make money through a bank?
Define interest?
What two types of interest are named?
When does interest work in your favor?
Banks pay interest in two ways. What are they?
_______________________ interest makes your savings grow faster.
Brittany
ReplyDelete1. What is a savings account? A deposit account at a bank or savings and loan which pays interest, but cannot be withdrawn by check writing.
2. How do you make money through a bank? By intrest or loan.
3. Define intrest? The fee charged by a lender to a borrower for the use of borrowed money.
4. What two types of intrest are named? Simple interest and Compound interest
5. When does intrest work in your favor? When the bank pays you for keeping money in the bank.
6. Banks pay intrest in two ways. What are they? Money and checks.
Kayla L. Cottage 1
ReplyDeleteSavings- Saving is the conservation of money. Methods of saving include putting money aside in a bank or pension plan. Saving also includes reducing expenditures, such as recurring costs. ..
Bank- depository financial institution: a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"
1. What is a savings account? _ a savings account accumulates interest
2. How do you make money threw a bank? _ You are paid interest in some types of accounts every month
3. Interest- a sense of concern with and curiosity about someone or something; "an interest in music"
4. What two types of interest are named? _ Simple interest and compound interest
5. When does interest work in your favor? _ The mention of compound interest will usually arouse knowing nods in the room. However, if everyone seriously understood what compound interest is, then there wouldn't be as many people falling into the depths of bankruptcy due to credit card debts. Without a doubt, financial institutions are making the most out of this moneymaking concept to the disadvantage of the debtors a.k.a. general public.
6. Banks pay interest in two ways. What are they? _ The payment of interest on SB accounts (3.5 per cent at present) would be calculated on a daily product basis with effect from April 1, 2010. For Rs 1,000, you will get an annual interest of Rs 35 which will be divided into per day interest to be credited to one’s account
summer
ReplyDeletethen charges the cardholder, the longer you take to repay the charges, the more interest they 2. What is a savings account? When you save money in your account.
1. How do you make money through a bank? You get money from your job and you go a put your money in it.
Define interest-when you interest things that you like.
What two types of interest are named? Shifting and springing
When does interest work in your favor-when you go to your bank account you get money o
t of your bank?
Banks pay interest in two ways. What are they? The payee and make, and the less cash
Kayla m
ReplyDeleteFind- An organization, usually a corporation, chartered by a state or federal government, which does most or all of the following: receives demand deposits and time deposits, honors instruments drawn on them, and pays interest on them; discounts notes, makes loans, and invests in securities; collects checks, drafts, and notes; certifies depositor's checks; and issues drafts and cashier's checks
Savings- Portion of disposable income not spent on consumption of consumer goods but accumulated or invested directly in capital equipment or in paying off a home mortgage, or indirectly through purchase of securities.
What is a savings account?
How do you make money through a bank?
Define interest?
What two types of interest are named?
When does interest work in your favor?
Banks pay interest in two ways. What are they?
_______________________ interest makes your savings grow faster.
Kayla