Financial Literacy - Spending, Borrowing, and Credit
Authored by YOLANDA LEAL
Mathematics
1st - 5th Grade
CCSS covered
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The ability to buy something now and pay for it later over time.
interest
credit
budget
lease
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The fee a lender charges to borrow money.
loan
tax
interest
donation
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is the most likely reason that Kathleen bought an iPad using credit?
Wanted to compare prices
Thought the iPad might go on sale later
Needed the iPad for school
Did not have enough cash to pay for the iPad
Tags
CCSS.RI.1.9
CCSS.RI.2.9
CCSS.RI.4.8
CCSS.RL.1.5
CCSS.RL.4.5
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Want or Need?
Tags
CCSS.RL.3.9
CCSS.RL.4.2
CCSS.RL.4.9
CCSS.RL.5.2
CCSS.RL.5.9
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Want or Need?
Tags
CCSS.RL.1.3
CCSS.RL.2.1
CCSS.RL.4.3
CCSS.RL.5.3
CCSS.RL.K.3
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Want or Need?
Tags
CCSS.RL.3.9
CCSS.RL.4.2
CCSS.RL.4.9
CCSS.RL.5.2
CCSS.RL.5.9
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Money that you have earned or received is called-
Income
Expenses
Budget
Taxes
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