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Day 1 - Warm-Up  1. $6.82 + $18.00 + $14.79 + $212.50  2. $41.92 + $171.80 - $75.00  3. Find the total deposit: Currency: 7 one-dollar bills, 3 five-dollar.

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Presentation on theme: "Day 1 - Warm-Up  1. $6.82 + $18.00 + $14.79 + $212.50  2. $41.92 + $171.80 - $75.00  3. Find the total deposit: Currency: 7 one-dollar bills, 3 five-dollar."— Presentation transcript:

1 Day 1 - Warm-Up  1. $6.82 + $18.00 + $14.79 + $212.50  2. $41.92 + $171.80 - $75.00  3. Find the total deposit: Currency: 7 one-dollar bills, 3 five-dollar bills, and 6 ten-dollar bills. Coins: 22 dimes, 41 quarters, and 5 half-dollars. Checks: $17.89 and $31.16

2 Warm-Up Answers  1) $252.11  2) $138.72

3 Warm-Up Question 3 Solution  7 ones = $ 7.00  3 fives = $ 15.00 Currency $82.00  6 tens = $ 60.00  22 dimes=$ 2.20  41 qtrs= $ 10.25 Coins = $14.95  5 half $ = $ 2.50  Checks = $17.89Checks= $49.05  $31.16  TOTAL $146.00

4 Steps in Opening an Account  Choose a bank.  Talk to person in charge of opening new accounts.  Complete information card.  Sign a signature card.  Provide either cash or check as a deposit.

5 Terms  Deposit -- an amount of money that you put into a bank account.  Deposit Slip -- used to record the amounts of currency, coins, and checks you deposit.  Total Deposit = (Currency + Coins + Checks) - Cash Received

6 Deposit Slip Example

7 Deposit Slip

8 Deposit Slip for Warm-UP  Currency: $ 82.00  Coins: $ 14.95  Checks:$ 17.89  $ 31.16  Subtotal: $146.00  Less Cash $ -0-  Total Dep.$146.00

9 Deposit Slip # 2  Marsha Brady deposits the following in her checking account: 14 one-dollar bills, 6 five-dollar bills, 4 ten-dollar bills, 8 half dollars, 19 quarters, 99 dimes, 45 nickels, 11 pennies, and a check for $32.32. What is her total deposit? Find total amounts for Currency, Coins, Checks then Fill out Deposit Slip!

10 Answer for # 2  Currency: $ 84.00  Coins:$ 21.01  Checks: $ 32.32  Total Deposit: $ 137.33


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