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Money & Personal Finance Unit 7 Test Review

Total questions: 24

Worksheet time: 2hrs 0mins

Name
Class
Date
1.

How are you feeling about tomorrow's test?

2 lines
2.

This coin is called a penny and is worth 2¢.

a)

Yes

b)

No

3.

This coin is called a quarter and is worth 25¢.

a)

Yes

b)

No

4.

This coin is called a dime and is worth 5¢.

a)

Yes

b)

No

5.

This coin is called a nickel and is worth 5¢.

a)

Yes

b)

No

6.

Choose the coins that would make a total of 52¢.

a)
3 quarters
b)
4 dimes and 2 pennies
c)
5 nickels and 2 pennies
d)

2 quarters and 2 pennies

7.

Choose the coins that would make a total of 47¢.

a)
3 quarters, 2 pennies
b)

4 dimes, 4 pennies

c)
1 quarter, 2 dimes, 2 pennies
d)
5 nickels, 7 pennies
8.

What is the total value of this group of coins?

(a)  

9.

What is the total value of the group of coins?

(a)  

10.

What is the total value of the group of coins?

(a)  

11.

Which is the correct way to write 38 cents?

a)

38¢

b)

$0.38¢

c)

0.38¢

12.

Which is the correct way to write 59 cents?

a)

$59¢

b)

$0.59

c)

0.59¢

13.

Which is NOT a correct way to write the value of this group of coins?

a)

52 cents

b)

52¢

c)

0.52¢

d)

$0.52

14.

Which is NOT a correct way to write the value of this group of coins?

a)

54 cents

b)

$0.54¢

c)

54¢

d)

$0.54

15.

Hope gets a dime on each Friday in the month of April. How much money will she have if she saves all of her dimes? She will have (a)   cents if she saves all of her dimes.

16.

Grace got one quarter on each Thursday in December. If she saves all of the quarters, how many cents will she have at the end of December? She will have (a)   cents if she saves all of the quarters.

17.

Phil earns $5 a week for mowing his neighbor's grass. If he saves his money for 3 weeks, how much money will he have?

a)
$25
b)
$20
c)
$10
d)
$15
18.

Joann gets $6 a week as an allowance from her dad. If she saves for 4 weeks, how much money will she save?

a)
$24
b)
$30
c)
$15
d)
$10
19.

Which of these is an example of saving money?

a)

Putting money in your piggy bank each week

b)

Giving money to your sister to buy candy

c)

Borrowing money to buy a new toy

d)

Spending all your money on books

20.

Mr. Smith has money in the bank. If he withdraws some of that money, he will have (a)   money in the bank. Choose the word less or more.

21.

Bob borrows money from his friend to pay for his ice cream. Which of these would be an example of irresponsible borrowing?

a)

Paying his friend back the next day.

b)

Not paying his friend back.

22.

Scot borrows $10 from his friend. Which of these is an example of Scot being a responsible borrower?

a)

He does not pay his friend back.

b)

He pays his friend $8 back.

c)

He pays his friend $10 back.

23.

Which of these is an example of lending?

a)

Borrowing money from someone

b)
Receiving a gift from a friend
c)

Giving money to someone and expecting to be paid back

24.

How are you feeling about tomorrow's test?

2 lines