Chapter+10

"Money isn't important, but its the only way to keep score" Jerry Kromer

Bank Account Assignment May 9, 2012

Open up the link of the bank that you got and answer the following questions about the chequing accounts at your bank (open up a new google doc and call it Chequing Account Assignment and share it with me (catalicia83@gmail.com)).

You can copy and paste these questions into your google doc.

[|RBC] [|TD] [|BMO] [|Scotiabank] [|Assiniboine Credit Union] [|National Bank of Canada] [|Presidents Choice] [|Steinbach Credit Union]

1. Which bank are you researching?

2. How many different types of accounts does your bank offer? (personal)

3. Does your bank offer special accounts to businesses? How many?

4. Does your bank have a students or seniors bank account?

5. How many different types of chequing accounts does your bank offer?

6. Examine the chequing accounts and decide on the one you think is the best one and answer the following questions:

a) Why did you choose this chequing account over any of the others? b) How much are the monthly plan fees? c) What type of features does this account offer? (what is included in this package) d) Is there any other interesting information that you found?

May 11, 2012

[|Youtube Video One] [|Youtube Video Two]

[|Youtube Video Four]

[|RBC Credit Cards] [|Canadian Credit Cards]

May 15

Advantages/Disadvantages of Credit Cards?

Financial Institutions

Copy and paste these questions your chapter 10 notes make sure that it is shared with me. These questions are in place of notes but they will be worth marks. media type="custom" key="17964800"
 * 1) Name 3 things that financial companies do.
 * 2) What is the difference between a bank and a credit union?
 * 3) How is a bank and a credit union similar?
 * 4) What is an example of how deposits are used in a financial institution?
 * 5) Explain how a savings account can make you money.
 * 6) Give an example of how transferring funds is helpful in your everyday life.
 * 7) How much is each persons deposits/savings insured for in a financial institution?

Test Review Know the 5 uses of money. Understand how to use the 20/10 rule. What is the difference between money and fiat money Explain what a double coincidence of wants is. Explain how or why society moved from bartering to using money. Name 3 types of credit and be able to give an example for each type. Know the difference between a bank and a credit union. Know how a savings account can make you money. Be able to explain what the following statement means to you. "Money isn't important, but its the only way to keep score" Jerry Kromer Advantages/Disadvantages of Credit cards What 4 things does money have to be to be acceptable? (be able to give an example) Be able to explain the relationship between a producer, consumer and bank. What does the bank want? What does the producer want? What does the consumer want?
 * Matching (5) **
 * Calculations (3) **
 * <span style="color: black; font-family: 'Arial','sans-serif';">Short Answer (4) **
 * <span style="font-family: 'Arial','sans-serif';">Long Answer (2) **