See all 12th Grade Standards
Banking

Banking

Game • 45 min of learning
Try it Out

Here's how Banking aligns with curriculum standards in Rhode Island. Use the filters to change the location, set of standards, and grade level.

Standards
Defined by Jump$tart National Standards in 2022 12th Grade and align with Banking
12-1a: Compare the features of regular savings accounts, money market accounts, and CDs.
12-2a: Select a preferred location for a savings account based on comparison of interest rates and fees at different types of financial institutions.
12-4a: Explain why savers typically earn a higher nominal rate of interest when inflation is high.
12-5a: Investigate the areas of financial institution operations that are subject to state and/or federal regulation and supervision.
12-1b: Explain why CDs typically pay higher interest rates than regular savings accounts or interest-bearing checking accounts.
12-2b: Explain why an increase in the number of people who want to borrow money might result in banks paying higher rates on deposits.
12-4b: Illustrate how inflation can reduce the purchasing power of savings over time if the nominal interest rate is lower than the inflation rate.
12-5b: Identify the state agency responsible for regulating financial institutions where they live.
12-2c: Discuss types of market conditions that could result in financial institutions paying lower rates on savings accounts.
12-4c: Investigate how federal I bonds provide inflation protection for savers.
12-5c: Explain the importance of solvency regulation for financial institutions.