16
Withdrawals pp. 199-201 5- 2 SECTION
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Withdrawals pp. 199-2015-2SECTIONSECTION
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Section ObjectiveSection ObjectiveFill out:
• a savings account withdrawal slip
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withdrawal (p. 199)
Money taken out of a bank account.
Key Words to KnowKey Words to Know
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Understanding the Williams Sisters Understanding the Williams Sisters p. 199p. 199
Where else can you find a withdrawal slip other than at the lobby of a bank?
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a. Write $45.00 in word form.
b. Write $355 in word form.
c. Write twenty-five and 50/100 dollars as a numeral.
Example 1Example 1
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Step: Write the amounts in word form or as numerals.
a. $45.00 in word form is forty-five and 00/100 dollars.
b. $355.00 in word form is three hundred fifty-five and 00/100 dollars.
c. Twenty-five and 50/100 dollars as a numeral is $25.50.
Example 1 AnswerExample 1 Answer
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Dalton Rhodes would like to withdraw $45 from his savings account. His account number is 0113014.
How should he fill out the withdrawal slip?
Example 2Example 2
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Figure 5.2Figure 5.2
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Write the date of withdrawal.
Example 2 Answer: Example 2 Answer: Step 1Step 1
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Write the savings account number.
Example 2 Answer: Example 2 Answer: Step 2Step 2
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Write the amount withdrawn in words with cents expressed as a fraction of a dollar.
Example 2 Answer: Example 2 Answer: Step 3Step 3
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Write the amount withdrawn as a numeral.
Example 2 Answer: Example 2 Answer: Step 4Step 4
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Did he sign the withdrawal slip?
Example 2 Answer: Example 2 Answer: Step 5Step 5
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Mario Giovanelli makes the following deposit in his savings account: 4 one-hundred-dollar bills, 3 fifty-dollar bills, 17 twenty-dollar bills, 25 ten-dollar bills, 22 five-dollar bills, and 39 one-dollar bills. He also deposits a check for $758.35.
What is his total deposit?
Practice 1Practice 1
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$2,047.35
Practice 1 AnswerPractice 1 Answer
Withdrawals5-2END OF SECTIONEND OF SECTION
