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1. Which of the following is a product or service typically offered by banks?
Correct!
Wrong!
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2. If you write a check but don’t have the funds in your account to cover it, which of the following could happen?
Correct!
Wrong!
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![](https://centsaieducation.com/wp-content/uploads/2018/04/dollar-currency-money-us-dollar-47344-e1499454312883.jpg)
3. You’re considering taking a personal loan to consolidate debt. The two banks you spoke with both told you the interest rate on the loan you are considering is 7 percent, yet one is quoting you a higher annual percentage rate (APR) on the loan. This is likely because:
Correct!
Wrong!
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![](https://centsaieducation.com/wp-content/uploads/2018/04/iStock_000075994215_Large.jpg)
4. The program banks use to screen for negative banking history is called:
Correct!
Wrong!
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![](https://centsaieducation.com/wp-content/uploads/2018/04/iStock_000049363542_Large-1.jpg)
5. The federal agency that insures bank deposits is:
Correct!
Wrong!
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![](https://centsaieducation.com/wp-content/uploads/2018/04/Q9.jpg)
6. To open a bank account, you’ll generally need to provide which of the following:
Correct!
Wrong!
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7. When considering whether to open an account with a bank or a credit union you should consider that:
Correct!
Wrong!
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![Banking can be confusing, especially to students who don't have much experience. Figure out exactly how much they know with this quiz. #quiz #students #bank](https://centsaieducation.com/wp-content/uploads/2017/12/Classroom-Quiz-Test-Your-Banking-Smarts-267x400.png)
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