Banking Graded Assignment
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Question 1 of 5
1. Question
George wants to deposit money in a bank but does not need to spend from that money on a regular basis. Which type of account should he choose?
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Question 2 of 5
2. Question
Betty is a single individual with $350,000 to deposit into her bank account. To achieve the maximum FDIC insurance protection, how should she deposit the funds?
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Question 3 of 5
3. Question
David receives a check and needs to cash it. What should he do?
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Question 4 of 5
4. Question
Sheryl is going to open a bank account and needs to use money she deposits to pay bills, buy groceries and necessities, and withdraw cash on a weekly basis. Which type of account should she choose?
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Question 5 of 5
5. Question
You deposit $300 into your new bank account on August 3rd, and pay a bill of $55 on August 10th. On August 15th, you withdraw cash in the amount of $20. Then, a friend gives you $30 which you deposit on August 20th. What is your balance on August 31st?
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