Chapter 8 Financial Institutions and Services 197
Academic Connections Academic Connections
15. Research. Examine three fi nancial
institutions in your area and develop a
checklist for comparing their services.
16. History, writing. Investigate the beginning
and the development of one of the
following: ATM machines; online banking;
or traveler’s checks. In a written report,
trace your topic from its beginning to the
present day usage.
17. Research, speech. Research EFT
systems, how they originated, and how they
benefi t consumers. Present your fi ndings to
the class.
18. Social studies, writing. Examine
consumer banking and banking services
in an industrialized country of your choice.
Write a report on your fi ndings.
19. Balance a checking account that recorded
the following activity since the last
statement.
Deposits: $25.00 and $120.00
Checks: $25.00, $8.50, and $98.00
ATM withdrawals: $20.00
There was a $3.00 bank fee for using an
ATM outside the bank’s network, and the
last statement’s balance was $250.00. How
much is in the account?
Tech $mart Tech $mart
20. Using presentation software, make an
electronic presentation that shows how
to write and endorse a check. Be sure to
cover the three types of endorsement.
21. Search the Internet to fi nd three local
banks. Access each bank’s Web site and
examine the requirements for opening a
basic checking account with no limit on
the number of checks written. Using a
computer program, graphically compare
each bank’s requirements. (Some banks
may offer more than one type of account.)
Explain which bank and account you prefer
and why.
22. Imagine that you manage a local bank with
six outlets and ATMs at each. Your bank
also has ATMs at city hall and the local
shopping mall. Working as a Web designer,
create a home page that welcomes new
customers and announces the bank’s
locations and basic services. (Assume the
bank offers all the services discussed in the
chapter.) What words and images would
you use? Share your creation with the
class.
Math Challenge Math Challenge