Intro to Business – 1/04/10
I. Bellwork
A. What are the three main ways in which a person can buy something?
II. Objectives:
- Describe the advantages of having a checking account
- Explain differences between checking accounts
- Explain the process of opening a checking account
III. Notebook
Chapter 21 Opening a Checking Account pgs 337-349
A. Advantages of a Checking Account
- Convenience – Explain
- Safety- Explain (2)
- Proof of Payment – Explain
- Record of Finance – Explain
B. Types of Checking Accounts
- Regular Checking Accounts – Characteristics (3)
- Interest Checking Accounts – Characteristics (3)
- Other Types (1)
C. Opening Checking Account
- Signature Card – Definition & Purpose
- Making the First Deposit
a. Deposit Slip – Definition & Information
IV. Classwork
- Page 351 Definitions and Terms 1-12
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