When people deposit money into a bank (or other financial institution), the bank may pay them interest. Banks attract savings by paying interest. People also deposit money into banks because banks are safe places to keep their savings.
Standard detail
6.
Benchmark
Depth 1Parent ID: 5BD4ABCB363E4EDE939E6FFF4A381FB5Standard set: Grades K, 1, 2, 3, 4
Original statement
Quick facts
- Statement code
- 6.
- List ID
- 6.
- Standard ID
- C16289F7191944F7803A1DA23AF90C2A
- ASN identifier
- S2604551
- Subject
- Financial Literacy
- Grades
- 01, 02, 03, 04, K
- Ancestor IDs
- 5BD4ABCB363E4EDE939E6FFF4A381FB5
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US