PF-LP036-5-1

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					                          Personal Finance Section 5-1
Objective: Complete a savings account deposit slip and
compute the total deposit
Key vocabulary terms:
   Savings Account– a ___________________ type of
_____________ account that earns ________________
on the _________________ in the account

   Deposit – ____________ you give to the _________
to __________________________________

Total Deposit = (Currency + Coin + Checks) – Cash Received
Try this:
Gustavo Barrera has a check for $145.58 and a check for $47.51. He
also has 14 one-dollar bills. He would like to receive $20 in cash and
deposit the rest of the money in his savings account. What is his total
deposit?
                          Personal Finance Section 5-1
Objective: Complete a savings account deposit slip and
compute the total deposit
Key vocabulary terms:
   Savings Account– a special type of bank account
that earns interest on the money in the account

   Deposit – money you give to the bank to hold for
you

Total Deposit = (Currency + Coin + Checks) – Cash Received
Try this:
Gustavo Barrera has a check for $145.58 and a check for $47.51. He
also has 14 one-dollar bills. He would like to receive $20 in cash and
deposit the rest of the money in his savings account. What is his total
deposit?


             14.00        Cash
            145.58        Checks
            +47.51
            207.09        Subtotal
            -20.00        Cash Received
            187.09        Total Deposit
                      Personal Finance
                                   Mr. James Frank
                                 Mars Area High School
                                         Lesson 36


     Objectives                                          Procedures
Upon completion of this lesson                 The students will enter the classroom and be
the student will be able to:                    seated.
                                               The instructor will take roll and pass out a copy
     Complete a                            
                                                of the 5-1 Notes to each student
                                                The instructor will use the overhead projector to
      savings                                   display the completed notes
                                               The instructor will have the students read aloud
      account                                   the information presented in Section 5-1
                                               The instructor will demonstrate using Examples
      deposit slip                              1&2
      and                                      The instructor will direct the students to the
                                                board to complete problems 1-3
      compute the                              The students will work on and complete
                                                problems during the remainder of the class
      total                                     period
                                               The instructor will provide individualized
      deposit                                   assistance as needed




                                     Evaluation
            During the next class period the instructor will check and review
            problems 1-17 with the students

            The Unit 5 exam will provide assessment of student achievement

				
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