Objectives
- Understand the terms: bank, check, deposit, deposit slip, endorsement, receipt, savings account, signature, statement, teller, withdrawal and transaction.
- Evaluate savings options
- Endorse a check
- Determine the right amount of money to deposit
- Fill in a deposit slip and determine deposit total
- Use a withdrawal slip to withdraw money from a savings account
- Use a register to track account balances.
- Identify parts of a bank statement.
Indiana Economics Standards
3.4.6 Identify different ways people save their income and explain advantages and disadvantages of each.
Indiana Math Standards
3.5.10 Find the value of any collection of coins and bills
3.6.7 Make precise calculations and check the validity of the results in the context of the problem.
3.6.8 Decide whether a solution is reasonable in the context of the original situation.
4.2.1 Understand and use standard algorithms for addition and subtraction.
4.7.8 Make precise calculations and check the validity of the results in the context of the problem.
4.7.9 Decide whether a solution is reasonable in the context of the original situation.
5.5.7 Add and subtract with money in decimal notation.
5.7.7 Make precise calculations and check the validity of the results in the context of the problem.
5.7.8 Decide whether a solution is reasonable in the context of the original situation.
Indiana Reading Standards
3.2.3 Show understanding by identifying answers in the text.
3.2.6 Locate appropriate and significant information from the text, including problems and solutions.
3.2.7 Follow simple multiple-step written instructions
3.7.3 Answer questions completely and appropriately.
4.2.2 Use appropriate strategies when reading for different purposes.
5.2.4 Draw inferences, conclusions, or generalizations about text and support them with textual evidence and prior knowledge.
5.2.5 Distinguish among facts, supported inferences, evidence, and opinions in text.