Lesson Objectives
- Describe the difference between a checking and savings account
Assignment BAU3.1
- Inside of your Banking Unit folder, create a new folder titled Lesson 3. All your tasks completed in Lesson 3 should be stored in this folder.
Assignment BAU3.2
- Create a new Google Document titled Checking vs Savings Accounts-(your initials).
- Watch this video to identify the differences between a checking and savings account. As you watch the video, make a list of some differences as you will need them in the fourth task below.
- Use the internet to find a secondary source of information that portrays additional data about the differences between a checking and savings account.
- In the document, write a paragraph (5-10 sentences) explaining in your own words the differences between a checking and savings account based on what you saw in the video and from your research. Be sure to reference your source(s).