2. Template by Bill Arcuri, WCSD Who Wants to Be a Millionaire?

3. Banking (Ch. 5) _________________________ _____________________ ___________________ __________________ _________________ ______________ Click the appropriate dollar amount at right to proceed to the question

4. Template by Bill Arcuri, WCSD Phone A Friend “OK Contestant…your time limit for this question has been extended from 30 seconds to one minute…” Return to the Question

5. Template by Bill Arcuri, WCSD Use the Textbook “Contestant…you have one minute to consult your textbook to find the answer to the question…” Return to the Question

6. Template by Bill Arcuri, WCSD Fifty - Fifty You’ve asked that two of the wrong answers be eliminated, leaving you with one wrong answer plus the correct one. 50/50 Return to the Question

7. Template by Bill Arcuri, WCSD Correct Correct! Proceed to Next Question

8. Template by Bill Arcuri, WCSD Incorrect Sorry, That’s Incorrect Return to the Question

9. Template by Bill Arcuri, WCSD Automatic Teller Machine Question #1...What does ATM stand for? Always Teller Machine Any Time Money Automatic Time Machine 50/50 A CD B

10. Template by Bill Arcuri, WCSD Make deposits Question #2...Which of the following can you not do at an ATM? Withdraw cash Order traveler’s checks Check your balance A CD B 50/50

11. Template by Bill Arcuri, WCSD Credit card Question #3...Which of the following is not considered plastic payment? CheckDebit card Stored-value card A CD B 50/50

12. Template by Bill Arcuri, WCSD Federation Debt Insurance Corporation Question #4...What does FDIC stand for? Federal Deposit Insurance Corporation Finally Done In Cash Federal Deposit Insured Company A CD B 50/50

13. Template by Bill Arcuri, WCSD Mutual Savings Bank Question #5...Which of the following financial institutions have the lowest fees and loan rates? Commercial Bank Finance Company Credit Union A CD B 50/50

14. Template by Bill Arcuri, WCSD Checking Account Question #6...Which of the following is a time deposit? Credit Card Certificate of Deposit Debit Card A CD B 50/50

15. Template by Bill Arcuri, WCSD Certificate of Deposit Question #7...Which of the following is a savings account in which the interest rate varies from month to month? Money Market Account Municipal Bond U.S. Savings Bond A CD B 50/50

16. Template by Bill Arcuri, WCSD Monthly Question #8...Which of the following would provide the least return when compounding interest? DailyWeekly Yearly A CD B 50/50

17. Template by Bill Arcuri, WCSD $200 Question #9...What would be the interest earned on $1,000 in a savings account at an interest rate of 2% compounded yearly. $1,200$20 $1,020 A CD B 50/50

18. Template by Bill Arcuri, WCSD Annual Percentage Rate Question #10...What does APR stand for? Annual Principal Rate Appropriate Percentage Rate Appropriate Principal Rate A CD B 50/50

19. Template by Bill Arcuri, WCSD Bouncing a Check Question #11...What do you call an automatic loan made to you if you write a check for more money than you have in your account? Overdrawn Account Checking Account Loan Overdraft Protection A CD B 50/50

20. Template by Bill Arcuri, WCSD Restricted Endorsement Question #12...What do you call when only the signature of the payee is on the back of a check? Payee Endorsement Blank Endorsement Signature line A CD B 50/50

21. Template by Bill Arcuri, WCSD Checkmark Question #13...What notation do you use in a check register to show a deposit or check has cleared the bank? X$ Asterisk A CD B 50/50

22. Template by Bill Arcuri, WCSD Overdraft Protection Question #14...What process is often called “balancing your checkbook”? Check Register Savings Passbook Bank reconciliation A CD B 50/50

23. Template by Bill Arcuri, WCSD Withdraw from Savings Account Question #15...Which of the following transaction will not involve a fee from the bank? Money OrderCashier’s Check Stop-payment Order A CD B 50/50