Personal Finance – 10/06/16
I. Bellwork Show your Work
- If your account has $3000 in it and you write 4 checks for $56.00, $750.00, $245.75, and $89.95. What is your new balance?
- If you make two additional deposits of $968.80 and $450.32, what is your new balance?
II. Objective:
- Describe the purpose of a checking account and its associated forms.
- Identify and explain the parts of a check
- Recognize and explain the purpose of check endorsements
III. Retake after school this Friday @ 2:30
- You must complete the sheet below in order to sit for the retake. Show your work
IV. Copy Figure 9.2 in your notebook:
- Page 188 Figure 9.2 Parts of a check – Label each part
V. Classwork: Turn in today
- Page 186 Vocabulary (10 words)
- Page 198 Questions & Answers #10-13
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