1 / 15

Comp. 4: Banking

Comp. 4: Banking. Desiree Sartin MHS Personal Finance http://dsartin.wikispaces.com. Objectives & Common Core Standards. Comp. 4: Identify banking services and prepare related documents. (A, EP, IT, MK) Reading Standards for Informational Text; Grades 9 – 10

sumi
Télécharger la présentation

Comp. 4: Banking

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Comp. 4: Banking Desiree Sartin MHS Personal Finance http://dsartin.wikispaces.com

  2. Objectives & Common Core Standards • Comp. 4: Identify banking services and prepare related documents. (A, EP, IT, MK) Reading Standards for Informational Text; Grades 9 – 10 • Cite strong and thorough textual evidence to support analysis of what the text says explicitly as well as inferences drawn from the text. • Determine a central idea of text and analyze its development over the course of the text, including how it emerges and is shaped and refined by specific details; provide an objective summary of the text. Writing Standards; Grades 9 – 10 • Write narratives to develop real or imagined experiences or events using effective techniques, well-chosen details, and well-structured event sequences. • Produce clear and coherent writing in which the development, organization, and style are appropriate to task, purpose, and audience. • Speaking & Listening Standards • Make strategic use of digital media in presentations to enhance understanding of findings, reasoning, and evidence and to add interest.

  3. Objectives The student will … • Understand the purpose, uses, and advantages of a personal checking account. • Prepare checking account documents, including a signature card, checks, deposit slips, checkbook register, and bank reconciliation. • Explain check endorsements and describe the types of checking accounts available to consumers. • Define various banking services available and fees charged to consumers.

  4. Bellwork: Word Problems Jim opened a savings account with a deposit of $250.00. He later deposited $45.00 and then withdrew $120.00. The bank posted interest of $3.28. What is his new balance? Sarah’s savings account balance was $218.00. She withdrew $50 one month and deposited $40 the next. She then withdrew $75. The bank posted interest of $6.83. What is her new balance?

  5. Bellwork: Students will use the internet to read about The History of Banking in the US. Write ½ page paper telling something interesting they learned about banking. Timed writing: www.learn2type.com/typingtest

  6. Textbook Assignments End of Chapter Assignments. Pages 224 – 228 • Vocabulary Terms: #1 – 14 • Facts & Ideas in Review: #1, 2, 5, 8, 11, 12 • Life situation problem solving: #1 & 2

  7. Major Grade Banking Packets Activities 9.2 – 9.4 Checking Accounts – Checks, Deposit Slips, Checkbook Register, and Bank Reconciliation (MYPF Student Activity Guide) Pages 90 – 93 (B&T Assignment) How to do Your Banking (Bankbook) Pages 16 – 22. Chapter 5. (B&T Assignment)

  8. Complete the table

  9. Banking Activities Read chapter 9 in the Managing Your Personal Finances Textbook; Read the Summary on page 223 Using the Internet and Microsoft PowerPoint or Paint label the parts of a check using the information from pages 207 – 209. Find a picture of a blank check on the Internet. Cite your source! Create a PowerPoint Presentation; Apply a design template: Title Slide: Financial Institutions in McComb, Your Name, Personal Finance. List the names, addresses, and telephone numbers of five financial institutions in your community. And list the services provided by each. What type of checking account might you choose? Why?

  10. Banking Activities Using Microsoft Word answer the following questions. What are 5 important guidelines for writing checks? What are six guidelines for completing deposit slips? What 6 guidelines should be used to record in a check register? Write your responses on a piece of paper and provide the page numbers that you used in the textbook to retrieve the information. Students will write the correct spelling for the numbers 10 – 25; so that they will become familiar with writing out a check

  11. Create a PowerPoint Presentation Apply a design template: Title Slide: Financial Institutions in McComb, Your Name, Personal Finance. List the names, addresses, and telephone numbers of five financial institutions in your community. And list the services provided by each. What type of checking account might you choose? Why?

  12. Remediation: Check Writing Packet Students will write the following checks, deposit slips, & check register. • The following shows your monthly checkbook activity. Fill in the stub and the check. Your beginning balance is $123.06. •  You receive a paycheck from a summer job (create the name of a business as your employer to use on the deposit slip) for $357.50. You make a deposit on July 1 using the first deposit slip. • On July 2, you have your car serviced and write a check #501 to Carl’s Auto Service for $93.45. • You buy a CD for $16.08 by writing check #502 to Camelot Music Store on July 3. • Your mother’s birthday calls for some shopping, and you write check #503 for $23.83 to Proffitt’s on July 7. • On July 10, you receive your paycheck for $325.16. Fill in the deposit slip to show a deposit of $250 and the remaining as cash received. • Your monthly stereo system payment of $96 to Sound Investments is due on July 12 and you write check #504 for that amount. • On July 15, a friend gives you a check for $75 to repay a loan you made to him. You deposit this using your third deposit slip.

  13. Check Writing Packet contd. • You purchase some new clothes on July 15 at Its Fashion and write check #505 for $135.56. • You need to get some cash for an evening out, so you use your bank’s ATM on July 16 for a $50 withdrawal. • On July 18, you visit your dentist and write check #506 to Dr. Dumas for $75. • On July 20, you make your monthly car insurance payment of $123. Use check #507 and make the check out to an insurance company of your choice. • On July 21, you deposit $50 in cash into your account from the money you received for your birthday. Use your fourth deposit slip. • On July 22, you purchase party supplies from Big Lots and write check #508 for $26.18. • On July 25, your neighbor gives you $20 for running errands for him. He gives you a twenty-dollar bill but you only want to deposit $10 of it. Fill in the fifth deposit slip to show this. • You purchase some books on July 26 at Barnes & Nobles for $24.39 and write check #509. • You receive another paycheck for $313.57. Fill in the deposit slip to show a $200 deposit with the remainder being given to you as cash. Use the sixth deposit slip on July 27.

  14. Reflection Questions Today banks offer many types of accounts to their customers. Why do they do this? Why do the interest rates vary for these accounts? How are savings accounts different from checking accounts?

  15. Enrichment Activities http://financeintheclassroom.org/student/activities.shtml

More Related