1. Withdrawals pp. 199-201 SECTION 5-2

2. SECTION MBA, Section 5-2, Slide 2 of 16 5-2 Section Objective Fill out: a savings account withdrawal slip

3. SECTION MBA, Section 5-2, Slide 3 of 16 5-2 withdrawal (p. 199) Money taken out of a bank account. Key Words to Know

4. SECTION MBA, Section 5-2, Slide 4 of 16 5-2 Understanding the Williams Sisters p. 199 Where else can you find a withdrawal slip other than at the lobby of a bank?

5. SECTION MBA, Section 5-2, Slide 5 of 16 5-2 a. a. Write $45.00 in word form. b. b. Write $355 in word form. c. c. Write twenty-five and 50/100 dollars as a numeral. Example 1

6. SECTION MBA, Section 5-2, Slide 6 of 16 5-2 Step: Write the amounts in word form or as numerals. a. $45.00 in word form is forty-five and 00/100 dollars. b. $355.00 in word form is three hundred fifty-five and 00/100 dollars. c. Twenty-five and 50/100 dollars as a numeral is $25.50. Example 1 Answer

7. SECTION MBA, Section 5-2, Slide 7 of 16 5-2 Dalton Rhodes would like to withdraw $45 from his savings account. His account number is 0113014. How should he fill out the withdrawal slip? Example 2

8. SECTION MBA, Section 5-2, Slide 8 of 16 5-2 Figure 5.2

9. SECTION MBA, Section 5-2, Slide 9 of 16 5-2 Write the date of withdrawal. Example 2 Answer: Step 1

10. SECTION MBA, Section 5-2, Slide 10 of 16 5-2 Write the savings account number. Example 2 Answer: Step 2

11. SECTION MBA, Section 5-2, Slide 11 of 16 5-2 Write the amount withdrawn in words with cents expressed as a fraction of a dollar. Example 2 Answer: Step 3

12. SECTION MBA, Section 5-2, Slide 12 of 16 5-2 Write the amount withdrawn as a numeral. Example 2 Answer: Step 4

13. SECTION MBA, Section 5-2, Slide 13 of 16 5-2 Did he sign the withdrawal slip? Example 2 Answer: Step 5

14. SECTION MBA, Section 5-2, Slide 14 of 16 5-2 Mario Giovanelli makes the following deposit in his savings account: 4 one- hundred-dollar bills, 3 fifty-dollar bills, 17 twenty-dollar bills, 25 ten-dollar bills, 22 five- dollar bills, and 39 one-dollar bills. He also deposits a check for $758.35. What is his total deposit? Practice 1

15. SECTION MBA, Section 5-2, Slide 15 of 16 5-2 $2,047.35 Practice 1 Answer

16. Withdrawals END OF SECTION 5-2