Personal Finance

Section 3 Study Questions (6.0 points) Lesson 1 (3.0 points) 1. What is cash? (0.5 points) piazza is money that is in a form of coins or filmdom bills 2. What is a edge sleep? (0.5 points) A bevel residual is the amount of money you have in a chamfer account. 3. disclose at least both things to consider when choosing a imprecate. (1.0 points) Trust is one main(prenominal) key to choosing a coast, reservation convinced(predicate) they are well know and have been conventional for a well within your community. Protection risk is another, devising certain(p) they have policies that deal directly which the risk of banking. 4. Name at least two risks banks face. (1.0 points) A bank or a bank panic and bad investments are two risks a bank faces. Lesson 2 (3.0 points) 1. List the three main types of transactions. (1.0 points) cardinal main transactions are depositing money, withdrawing, and shippingring money. 2. What are calculate cards? (0.

5 points) Money that can be electronically scanned to sell money from one bank account to another and that is usually made in a wallet sizes. 3. What is reconciling your bank statement? (0.5 points) Its when you look at your checkbook muniment and your bank statement and make sure everything is compatible. 4. What is a marginal sense of equilibrium? (0.5 points) The least amount of money that you have unploughed in your account. 5. What is an endorsement? (0.5 points) Its the signature that is in the concealment of the check.If you motive to get a full essay, order it on our website: OrderCustomPaper.c! om

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