Click Once to BeginJEOPARDY!A financial game show

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Chequing Accounts

Savings Accounts

Term Deposits

$100

$400

$200

$500

$300

$400

$300

$200

$100

$500

$100

$200

$300

$400

$500

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Chequing Accounts100

A record keeping option that can be used on some account for a charge of $2.25 per month

Answer: Passbook

Chequing Accounts200

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It can give you account criteria suited to your daily and monthly needs. There are different ones for everyone including a student.

Answer: account monthly plan

Chequing Accounts300

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This type of chequing account would be beneficial to someone who travels outside of Canada and uses the bank machines in these different countries

Answer: select service account

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Daily Double!!!

The cheapest chequing account plan for someone who performs exactly 30 transactions (withdrawals) each month

Answer: value plus account

If you want to move the Daily double, just cut and paste the title into another slide number

Chequing Accounts500

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The account plan beneficial (cheapest) for someone who has a balance that fluctuates around 5000 throughout the month

Answer: infinity account

Savings Accounts100

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A person with untouched amounts of money in their chequing account would benefit from this.

Answer: savings accounts

Savings Accounts200

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The ideal plan for someone who keeps having problems with paying taxes on their savings at the end of the year

Answer: tax free savings account

Savings Accounts300

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The type of account that is ideal for someone who is beginning to save money from $0, is under 19 years old, and wants to be able to withdrawal money

Answer: companion savings account

Savings Accounts400

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The ideal plan for someone who has over $5000 to save and would like to have access to their money in case of an emergency (keep in mind that the tax free savings account has restrictions to only allow 5000 per calendar year)

Answer: Guaranteed Investment Account

Savings Accounts500

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What you would do if you had under $1000 dollars and needed to potentially access this money and perform over 10 transactions on your account.

Answer: open a chequing account, not a savings account

Term Deposits100

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In most cases, the main reason that someone would open a term deposit instead of a savings account

Answer: higher interest rate

Term Deposits200

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The cashable GIC that offers the highest interest rate if you don’t need the money for over 2 years

Answer: 5 year stepper GIC

Term Deposits300

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The type of GIC that cashable in full after 30 days and interest rate can change on a monthly basis

Answer: Money Market GIC

Term Deposits400

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The index that determines the return on a Market Growth GIC

Answer: stock market

Term Deposits500

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This GIC has an interest rate that is compounded annually and changes after the first year

Answer: 1 + 1 GIC

Final Jeopardy

Category : Financial Management

Final Jeopardy

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GIC stands for this and is known as a term deposit

Answer: Guaranteed Investment Certificate