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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 bills, and 6 ten-dollar bills. Coins: 22 dimes, 41 quarters, and 5 half-dollars. Checks: $17.89 and $31.16
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Warm-Up Answers 1) $252.11 2) $138.72
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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
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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.
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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
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Deposit Slip Example
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Deposit Slip
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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
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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!
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Answer for # 2 Currency: $ 84.00 Coins:$ 21.01 Checks: $ 32.32 Total Deposit: $ 137.33
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