Students are ntroduced to the words reconcile, monthly statement, and processed. They explain why reconciling a bank statement is important. Remind students of the overdraft penalties they researched in the lesson on comparison.
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Cash the Check and Track the Dough
From checking and savings accounts to learning the importance of maintaining records and balancing a bank account, prepare your students to become financially independent and savvy adults, and explore all the intricacies of owning a bank...
9th - 12th Math CCSS: Adaptable
New Review Lesson 2: In the Aftermath
Don't wait for a crisis to get your finances together. An economics lesson demonstrates the importance of understanding crucial documents, banking basics, and financial tools with the focus on Hurricane Katrina in 2005 and its effects.
7th - 12th Math CCSS: Designed
Why Do Banks Pay YOU to Provide Their Services?
How does a bank make money? That is the question at the based of a lesson that explores the methods banks use to calculate interest. Groups compare the linear simple interest pattern with the exponential compound interest pattern.
9th - 10th Math CCSS: Designed
Banking 2: A bank's income statement
Using his example of a growing village bank, Sal (the narrator) explains the ins and outs of the banking business, mostly from the perspective of the banker. This point of view can be helpful for people who see the bank as an institution...
4 mins 9th - Higher Ed Math