Financial Literacy Unit 12

King does his chores and gets paid $5 each time he does them. He likes to save all the money he makes. If he wants to save $25, how many times does he need to do his chores?

• 15 times

• 3 times

• 5 times

• 10 times

Tags

CCSS.3.OA.A.3

Tranaiya wants to buy a Mother's Day gift that cost $30. She saves $10 each week. Which statement is true about Tranayia saving?

• She will have enough money to buy the gifts for 5 weeks

• She will have enough money to buy the gift in 6 weeks

• She will have enough money to buy the gifts for 3 weeks

• She will have enough money to buy the gifts for 2 weeks

Tags

CCSS.3.OA.D.8

Jazlyn's dad received $1,120 on his paycheck. He wants to save his money. Which statement describes the best choice for saving his money?

• Use the money to buy a new car

• Buy toys for his children

• Use it to go on vacation.

• Place the money in a saving account.

Tags

CCSS.6.NS.B.3

What happens to Jordan's money if he spends it?

• The amount money will decrease

• The amount money will stay the same

• The amount of money will increase

Which statement DOES NOT describe a withdraw from a bank account?

• Using $75 from your account to buy a new toy

• Putting money into your savings account

• Getting money out of the ATM to go to the movies.

• Writing a check to buy food

Tags

CCSS.5.NBT.B.7

Mayra saved money each week to buy a new game. She opened a savings account at the bank. Each week she adds money that she has earned from doing her chores. Which statement describes what Mayra is doing with her money.

• She is making a deposit

• She is making a withdraw.

• She is spending her money

• none of the above

Tags

CCSS.1.OA.A.1

What would be an example of borrowing?

• Landynn's mom give her money for her birthday

• Julia and Armani use their money to go watch a movie

• Blake ask Joseph for money to buy a new game, and says he will pay him back later.

• Stevie buys her mom a gift.

Jacara wants to save $35. She wants to buy a pair of sneakers that cost $40. She asked her mom to lead her the rest of the money. She promises to pay her back when she get $10 for her chores. What is this an example of?

• This is being responsible because because you should borrow money when you want something new.

• This is responsible borrowing because she will be able to pay her mom back and still have money left over.

• This is not responsible borrowing because she will never pay her mom back .

• I Don't know

Tags

CCSS.RI.2.1

CCSS.RL.2.1

CCSS.RL.2.2

CCSS.RI.1.1

CCSS.RL.1.1

Which is an example of lending?

• Adeleana takes $5 from her piggy bank to give to her brother as a gift.

• Ay'Mani is having a fundraiser to raise money to help people.

• Logan will use his money to help his brother buy a gift for his friend, but his brother must pay him back

• Vanessa buys a new cat toy.

What is a producer?

• A person that buys a cookie

• A person that sells the cookie

• A person that makes the cookie

Tags

CCSS.RI.2.1

CCSS.RL.2.1

CCSS.RL.2.2

CCSS.RL.1.2

CCSS.RL.3.2