Banking Basics and Other STUFF

Question 1

This man served as Superintendent of the Ysleta ISD for 51 years.

Accepted Answer

Dr. J.M. Hanks

Question 2

When you trade spending now for the ability to spend in the future.

Accepted Answer

saving

Question 3

The number of Ysleta ISD teachers who have won Texas Teacher of the Year.

Accepted Answer

5

Question 4

This protects you from loosing your money at the bank.

Accepted Answer

FDIC

Question 5

What companies and banks share with their owners.

Accepted Answer

dividends

Question 6

The option of having money deposited directly into the employee's checking account on payday.

Accepted Answer

direct deposit

Question 7

The year that Eastwood High won the State Basketball Championship.

Accepted Answer

1976

Question 8

At this money institution, you are not a customer, you are a member.

Accepted Answer

credit unions

Question 9

This is 3.5% of $200.

Accepted Answer

$7.00

Question 10

The money you have on deposit in a savings account.

Accepted Answer

principal

Question 11

The year Eastwood High School had its first graduating class.

Accepted Answer

1965

Question 12

This checking account pays you interest.

Accepted Answer

interest bearing checking account

Question 13

This is the same as 15%

Accepted Answer

.1500, .15

Question 14

The person or business to whom the check is written.

Accepted Answer

payee

Question 15

A strategy for saving money when you get a paycheck?

Accepted Answer

Pay Yourself First, Save by the Numbers

Question 16

These are taken from your paycheck.

Accepted Answer

payroll deductions

Question 17

A booklet for recording your bank transactions.

Accepted Answer

check register

Question 18

Moving money from one account to another by computer.

Accepted Answer

EFT

Question 19

This is how the U.S. Government borrows money.

Accepted Answer

Bonds

Question 20

This is 25% of $2,000,000

Accepted Answer

$500,000

Question 21

What is 12% of $20,000?

Accepted Answer

$2,400

Questions 21