Deposits pp. 166-168 4-1 SECTION. Click to edit Master text styles Second level Third level Fourth level Fifth level 2 SECTION Copyright © Glencoe/McGraw-Hill.

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SECTION 4-1 pp Deposits.

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ОПШТЕСТВО ТЕМА: МЕСТОТО ВО КОЕ ЖИВЕАМ Скопје

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Deposits pp SECTION

Click to edit Master text styles Second level Third level Fourth level Fifth level 2 SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 4-1, Slide 2 of deposit (p. 166) Money put into a bank account. automatic teller machine (ATM) (p. 166) A bank machine that allows you to deposit or withdraw money electronically using a card. Key Words to Know

Click to edit Master text styles Second level Third level Fourth level Fifth level 3 SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 4-1, Slide 3 of personal identification number (PIN) (p. 166) A personal number on a bankcard that gives you access to your bank account electronically. Key Words to Know

Click to edit Master text styles Second level Third level Fourth level Fifth level 4 SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 4-1, Slide 4 of Total Deposit = (Currency + Coin + Checks) – Cash Received Formula

Click to edit Master text styles Second level Third level Fourth level Fifth level 5 SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 4-1, Slide 5 of Marissa Miller makes a deposit at an ATM. She has a check for $ and a check for $ She would like to receive $40 in cash and deposit the rest in her checking account. What is her total deposit? Example 1

Click to edit Master text styles Second level Third level Fourth level Fifth level 6 SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 4-1, Slide 6 of Step: Compute the total checking account deposit. (Currency + Coin + Checks) – Cash Received ($ $55.47) – $40.00 = $ Example 1 Answer

Click to edit Master text styles Second level Third level Fourth level Fifth level 7 SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 4-1, Slide 7 of Bret Favre has checks for $435.20, $271.19, and $ He has cash consisting of 15 one-dollar bills, 7 five-dollar bills, 3 ten- dollar bills, 24 quarters, 5 dimes, 15 nickels, and 14 pennies. He would like to keep $75 in cash. What is his total deposit? Example 2

Click to edit Master text styles Second level Third level Fourth level Fifth level 8 SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 4-1, Slide 8 of Step: Compute the total deposit. Currency: $15 + (7 × $5) + (3 × $10) = $80 Coins: (24 × $0.25) + (5 × $0.10) + (15 × $0.05) + $0.14 = $7.39 Checks: $ $ $ = $1, ($80 + $ $1,034.35) – $75 = $1, Example 2 Answer

Deposits 4-1 END OF SECTION Homework PG : # 1-16