1. Online Banking pp. 182-187 4-6 SECTION

2. Click to edit Master text styles Second level Third level Fourth level Fifth level 2 SECTION Copyright © Glencoe/McGraw-Hill 4-6 Section Objective Compute: online banking charges Update: the check register

3. Click to edit Master text styles Second level Third level Fourth level Fifth level 3 SECTION Copyright © Glencoe/McGraw-Hill 4-6 online banking (p. 182) Doing bank transactions, such as loan payments and funds transfers, electronically over the Internet. Key Words to Know

4. Click to edit Master text styles Second level Third level Fourth level Fifth level 4 SECTION Copyright © Glencoe/McGraw-Hill 4-6 Total Fees = Basic Charge + Bill Payments + Statement + ATM Surcharge + Cash Advance Fee Formula

5. Click to edit Master text styles Second level Third level Fourth level Fifth level 5 SECTION Copyright © Glencoe/McGraw-Hill 4-6 How might online banking affect Pinsky’s knowledge of the money in Fleet Footed’s bank account? Fleet Footed Finances p. 182

6. Click to edit Master text styles Second level Third level Fourth level Fifth level 6 SECTION Copyright © Glencoe/McGraw-Hill 4-6 Tiwana Gombash uses the online banking plan shown below. She pays the basic charge, 7 bills, plus she requests a printed statement. She also has ATM transactions, including 1 out-of-network, and a cash advance of $400.00. What are her total fees for the month? Example 1

7. Click to edit Master text styles Second level Third level Fourth level Fifth level 7 SECTION Copyright © Glencoe/McGraw-Hill 4-6 Figure 4.14

8. Click to edit Master text styles Second level Third level Fourth level Fifth level 8 SECTION Copyright © Glencoe/McGraw-Hill 4-6 Step: Add the fees. Basic Charge + Bill Payments + Statement + ATM Surcharge + Cash Advance Fee $6.95 + $0.50 (7-5) + $4.00 + $3.00 + (2% × $400) $6.95 + $1.00 + $4.00 + $3.00 + $8.00 = $22.95 Example 1 Answer

9. Click to edit Master text styles Second level Third level Fourth level Fifth level 9 SECTION Copyright © Glencoe/McGraw-Hill 4-6 above Use Tiwana Gombash’s online banking plan above to calculate the fees. Service: Basic charge, 11 bills paid, printed statement, International wire transfer. ATM: 2 regional, 1 national, $700 cash advance online banking fee? Practice 1

10. Click to edit Master text styles Second level Third level Fourth level Fifth level 10 SECTION Copyright © Glencoe/McGraw-Hill 4-6 $47.95 Practice 1 Answer

11. Click to edit Master text styles Second level Third level Fourth level Fifth level 11 SECTION Copyright © Glencoe/McGraw-Hill 4-6 above Use Tiwana Gombash’s online banking plan above to calculate the fees. Service: Basic charge, 18 bills, 1 overdraft.. ATM: 4 national, 2 out of network, cash advance of $200. Practice 2

12. Click to edit Master text styles Second level Third level Fourth level Fifth level 12 SECTION Copyright © Glencoe/McGraw-Hill 4-6 $56.45 Practice 2 Answer

13. Online Banking 4-6 END OF SECTION