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Withdrawals

SECTION 5-2. pp. 199-201. Withdrawals. Fill out: a savings account withdrawal slip. Section Objective. Key Words to Know. withdrawal (p. 199) Money taken out of a bank account. Understanding the Williams Sisters p. 199.

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Withdrawals

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  1. SECTION 5-2 pp. 199-201 Withdrawals

  2. Fill out: a savings account withdrawal slip Section Objective

  3. Key Words to Know withdrawal (p. 199) Money taken out of a bank account.

  4. Understanding the Williams Sisters p. 199 Where else can you find a withdrawal slip other than at the lobby of a bank?

  5. Example 1 • Write $45.00 in word form. • Write $355 in word form. • Write twenty-five and 50/100 dollars as a numeral.

  6. Example 1 Answer Step: Write the amounts in word form or as numerals. a. $45.00 in word form isforty-five and 00/100 dollars. b. $355.00 in word form isthree hundred fifty-five and 00/100 dollars. c. Twenty-five and 50/100 dollars as a numeral is $25.50.

  7. Example 2 Dalton Rhodes would like to withdraw $45 from his savings account. His account number is 0113014. How should he fill out the withdrawal slip?

  8. Figure 5.2

  9. Example 2 Answer: Step 1 Write the date of withdrawal.

  10. Example 2 Answer: Step 2 Write the savings account number.

  11. Example 2 Answer: Step 3 Write the amount withdrawn in words with cents expressed as a fraction of a dollar.

  12. Example 2 Answer: Step 4 Write the amount withdrawn as a numeral.

  13. Example 2 Answer: Step 5 Did he sign the withdrawal slip?

  14. Practice 1 Mario Giovanelli makes the following deposit in his savings account: 4 one-hundred-dollar bills, 3 fifty-dollar bills, 17 twenty-dollar bills, 25 ten-dollar bills, 22 five-dollar bills, and 39 one-dollar bills. He also deposits a check for $758.35. What is his total deposit?

  15. Practice 1 Answer $2,047.35

  16. END OF SECTION 5-2 Withdrawals

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