Understanding Savings and Earnings

Understanding Savings and Earnings

Assessment

Interactive Video

Mathematics

4th - 5th Grade

Hard

Created by

Aiden Montgomery

FREE Resource

The video tutorial explains how to calculate total savings by adding an additional amount to an initial sum. It uses a visual method to represent the initial amount of $371 and demonstrates adding $28 to it. The tutorial concludes with calculating the total savings of $399, emphasizing the process of addition and visualization in understanding money management.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial amount saved by the narrator?

$100

$371

$399

$28

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the narrator represent each hundred in the visualization?

With stars

With triangles

With squares

With circles

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What color is used to differentiate the additional earnings?

Green

Blue

Yellow

Red

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much additional money does the narrator earn?

$50

$100

$10

$28

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount saved after adding the additional earnings?

$399

$428

$371

$400

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the final step in calculating the total savings?

Subtracting the initial amount

Multiplying the amounts

Adding the initial amount and additional earnings

Dividing the amounts

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of saving the allowance?

To save for college

To go on a vacation

To buy a new car

To buy a present for the father