Unit7OpenResponse.doc - Assignment Open Response 7(50...

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Assignment: Open Response 7 (50 Points) Answer each of the following. If you are typing, be sure to save this in Rich Text Format (.rtf). Saving and Spending In this open response, you will be managing a checkbook and savings account. I. Starting a Checking Account (25 points) You earned $1600 in a summer job and you were paid with a check. You are going to open a checking account at Hometown Bank and put $800 into the account. a. Fill out the deposit slip. You may type directly on the slip. Deposit Slip Name Mason Ritmiller BILLS COIN Date 5/29/2018 CHECKS 1600 00 Total 1600 00 Sign here if cash received. Hometown Bank Hometown, USA Less Cash 800 00 Net Deposit 800 00 |: 12345678 :| 1000000001||- b. Do some virtual shopping, using your new virtual checking account, and write some checks. Think about the types of things you normally need to buy. You may use the links below or use the name of a local store. Write three checks for these items. (Remember that you do not want to empty out the account! You worked hard for the money.) You may type directly onto the check. You may also type your signature if you
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