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PREMIUM LOGIN
ClassTools Premium membership gives access to all templates, no advertisements, personal branding and many other benefits!
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Submit
Cancel
|
||
| Not a member? | ||
1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.
2. If their phone camera doesn't automatically detect and decode QR codes, ask students to
4. Cut them out and place them around your class / school.
1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.
2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.
3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!
4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.
Question | Answer |
| 1. A written order that instructs a bank to pay a specific amount to a particular person or business is a: | check | 2. Writing a check is more secure than paying with cash because: | a check is usable only by the payee | 3. If you make a mistake writing a check, you should: | void the check | 4. Lack of sufficient funds to cover the full amount of a check is called a(n): | overdraft | 5. What kind of endorsement should be used if you cannot get to the bank for a few days before cashing the check? | restrictive | 6. Which type of endorsement is most commonly used? | blank | 7. The amount of available income after taxes and necessary spending for food, clothing and shelter is: | discretionary income | 8. The recommended size of an emergency fund is ______ times your monthly net income. | 3-6 | 9. The best way to determine which of two savings accounts will earn the most money is to compare their: | annual percentage yields | 10. If your APY is 4% and you have $1000 in the savings account, and no money is added to or withdrawn from the account, the Rule of 72 says that the balance would reach $2000 in about ______ years. | 18 | 11. The Federal Deposit Insurance Corporation will insure your money at a bank up to what amount? | 250,000 | 12. A financial institution that is owned by its depositors, who are all connected by a labor union would be an example of: | credit union | 13. This savings option is the least liquid: | CD | 14. True or False: Banks make a profit because interest paid to savers is generally greater than interest paid by borrowers. | False | 15. True or False: All of the money deposited in banks is kept on reserve. | False | 16. True or False: Money transfer services, while helpful in an emergency, are relatively expensive. | True | 17. True or False: Simple interest is paid on both the money deposited and on the prior interest earned. | False | 18. A ________ is a financial institution owned by shareholders and operated for their profit. | commercial bank | 19. ________ banks can offer higher deposit rates and lower loan rates because they do not incur the costs of traditional “brick and mortar” banks. | internet banks | 20. _______ checks are often required for very large purchases, such as the down payment on a home. | Cashiers check |
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