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Personal Financial Literacy

Authored by Stephanie Turano

Mathematics

6th - 7th Grade

CCSS covered

Used 31+ times

Personal Financial Literacy
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anna Would like to purchase a new mountain bike that costs $600. She only has $300 in her checking account now. Which of the following statements is true?

She can use her debit card to pay for the bike and pay off the debit card over time.

She can save up the remainder of the balance and then pay with a credit card.

She can use her debit card to pay for th bike directly from her back account.

She can use her credit card to buy the bike now and pay it off over a period of time.

Tags

CCSS.6.NS.C.7C

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Kane is comparing two different regional banks. Which of the following statements is true?

-First Texas Bank charges a $7 monthly fee

-Republic of Texas Bank charges 1% of the checking account balance

First Texas Bank will always be the best value.

Republic of Texas Bank will always be the best value.

If Kane typically has more than $700 in his checking account, then First Texas Bank is the best value.

If Kane typically has less than $700 in his checking account, then First Texas Bank is the best value.

Tags

CCSS.8.F.A.2

CCSS.HSF.IF.C.9

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A vocational school offers different types of mechanics. Over a 20-year career, how much more will the aircraft mechanic make than the automotive mechanic?

Aircraft Mechanic: $60,270

Automotive Mechanic: $38,470

Machinery Mechanic: $49,100

$654,000

$436,000

$21,800

$545,000

Tags

CCSS.4.OA.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following situations does not describe the use of a credit card?

may earn rewards

can be used to build a positive credit history

allows for unlimited purchases

purchases may be subject to interest charges

5.

OPEN ENDED QUESTION

2 mins • Ungraded

Media Image

Using the check register below, determine the amount spent on groceries on May 4th.

Evaluate responses using AI:

OFF

Answer explanation

$68.20

Tags

CCSS.6.NS.C.7C

6.

OPEN ENDED QUESTION

3 mins • Ungraded

Media Image

Xavier is interested in the technology field. He is considering the education required and the corresponding salary.

How much more would Xavier earn if he gets his bachelor's degree instead of his associate's degree over a 15-year career?

Evaluate responses using AI:

OFF

Answer explanation

$219,900

Tags

CCSS.8.F.A.2

CCSS.HSF.IF.C.9

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Two different bank are advertising their checking accounts. Which of the following is a better choice if the Jackson family averages about $2,200 in their checking account?

Bank of Texas

Main Street Bank

They are equally good choices.

Tags

CCSS.8.F.A.2

CCSS.HSF.IF.C.9

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