Financial Literacy
Flashcard
•
Mathematics
•
6th Grade
•
Practice Problem
•
Hard
Standards-aligned
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10 questions
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1.
FLASHCARD QUESTION
Front
What would not be found on a consumer's credit report? Options: Mortgage loan, Checking account balance, A student loan, How long the consumer has had the credit card.
Back
Checking account balance
2.
FLASHCARD QUESTION
Front
Sandra is planning to attend a state university and qualifies for financial aid. Which of the sets below can Sandra apply for solely based on her financial need?
Back
scholarship, grant, student loan
3.
FLASHCARD QUESTION
Front
Why does the car dealership want to check Mr. Irons' credit report when he plans to take out a loan to buy a car?
Back
To determine the likelihood of Mr. Irons paying back the loan on the car.
4.
FLASHCARD QUESTION
Front
Mr. Hernandez is searching for a new checking account. He compares the fees associated with two different banks in his town. Which of the following statements best supports the information? Options: Mr. Hernandez should choose Star Bank because it has no fees. Mr. Hernandez should choose First Bank because the fees are the same. Mr. Hernandez should choose Star Bank if he normally has $800 in his bank account. Mr. Hernandez should choose First Bank because the fee is just $10.
Back
Mr. Hernandez should choose Star Bank if he normally has $800 in his bank account.
Tags
CCSS.7.EE.B.3
5.
FLASHCARD QUESTION
Front
Joley is opening her first checking account as a teenager. She doesn’t have a job, so most of the income will be presents from birthdays and holidays. Bank A has an $8 monthly charge. Bank B charges 1% of the balance. Which account balance below will result in bank A being a better financial choice? Options: $750, $850, $650, $550
Back
$850
6.
FLASHCARD QUESTION
Front
Missing detail in credit and debit card features table.
Back
purchases are subject to a credit limit
7.
FLASHCARD QUESTION
Front
The average salaries of three different industries are shown below. Based on the information, how much more will someone in the technology industry make than someone in the financial industry over a period of 10 years?
Back
$191,180
Tags
CCSS.6.EE.B.6
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