# 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
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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