Personal Finance

Section 3 Study Questions (6.0 points) Lesson 1 (3.0 points) 1. What is cash? (0.5 points) attribute is money that is in a form of coins or apportion bills 2. What is a edge sleep? (0.5 points) A bevel end is the amount of money you have in a strand account. 3. disclose at least both things to consider when choosing a lingo. (1.0 points) Trust is one main(prenominal) key to choosing a slang, reservation trusted they are well know and have been conventional for a well within your community. Protection risk is another, devising indisputable they have policies that deal directly which the risk of banking. 4. Name at least two risks banks face. (1.0 points) A bank or a bank panic and bad investments are two risks a bank faces. Lesson 2 (3.0 points) 1. List the three main types of transactions. (1.0 points) trine main transactions are depositing money, withdrawing, and shippingring money. 2. What are calculate tease? (0.

5 points) Money that can be electronically scanned to absent money from one bank account to another and that is unremarkably made in a wallet sizes. 3. What is reconciling your bank statement? (0.5 points) Its when you look at your checkbook muniment and your bank statement and make sure everything is compatible. 4. What is a marginal sense of equilibrium? (0.5 points) The least amount of money that you have unploughed in your account. 5. What is an endorsement? (0.5 points) Its the signature that is in the concealment of the check.If you take to get a full essay, order it on our website: OrderCustomPaper.com
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