Worksheet

Banking, credit and paying for college

Grade 6 Math Worksheet - Challenge Me

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Circle the best answer, or write your answer on the line.

  1. Noah looks at a new checking account. It has a fee of $5 a month and a one-time $20 fee to open it. What does the account cost for the first 12 months?

  2. Read this first

    Use this

    Money table with the columns In, Out and Balance. Start balance ?. Row 1: a $20 debit-card purchase of a book. Row 2: a $30 lawn-mowing deposit. Row 3: a $15 transfer in from savings. Row 4: a $32 debit-card purchase of a board game. Balance after row 4: $58.

  3. Bo finds a money table that ends at $58 after row 4. What was the start balance?

  4. Jun's aunt charges a coat for $40 and boots for $25 on a credit card. Next month the aunt pays $30 and charges a scarf for $15. How much is owed now?

  5. Milo's uncle has $90 in checking and buys a game for $25 (debit card) and a backpack for $35 (credit card). What is left in checking, and what is owed on the card?

  6. Noah's neighbor has $70 in checking and buys a bag for $28 (debit card) and a clock for $16 (credit card). What is left in checking, and what is owed on the card?

  7. Ari helps Ms. Reyes compare two loan plans that each borrow $120. Plan X: 6 payments of $22. Plan Y: 12 payments of $12. Which plan costs more to pay back in all?

    • Plan X
    • They cost the same
    • Plan Y

  8. Jun helps Ms. Reyes compare two loan plans that each borrow $150. Plan X: 6 payments of $28. Plan Y: 12 payments of $13. Which plan costs more to pay back in all?

    • They cost the same
    • Plan Y
    • Plan X

  9. Luz reads about credit reports. Why do lenders look at a person's credit report?

    • To see how the person has handled borrowed money before
    • To find out the balance of the person's checking account
    • To pick the person's favorite store

  10. Milo compares jobs. A job after 2-year training pays 41 thousand a year; a job after a 4-year degree pays 56 thousand. How many thousand dollars more does the higher-paying job pay in 30 years?

  11. Pia's aunt charges a chair for $60 and a table for $45 on a credit card. Next month the aunt pays $50 and charges a lamp for $25. How much is owed now?

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Banking, credit and paying for college

Answer Key - Grade 6 Math Worksheet - Challenge Me

Circle the best answer, or write your answer on the line.

  1. Noah looks at a new checking account. It has a fee of $5 a month and a one-time $20 fee to open it. What does the account cost for the first 12 months?

    $80

  2. Read this first

    Use this

    Money table with the columns In, Out and Balance. Start balance ?. Row 1: a $20 debit-card purchase of a book. Row 2: a $30 lawn-mowing deposit. Row 3: a $15 transfer in from savings. Row 4: a $32 debit-card purchase of a board game. Balance after row 4: $58.

  3. Bo finds a money table that ends at $58 after row 4. What was the start balance?

    $65

  4. Jun's aunt charges a coat for $40 and boots for $25 on a credit card. Next month the aunt pays $30 and charges a scarf for $15. How much is owed now?

    $50

  5. Milo's uncle has $90 in checking and buys a game for $25 (debit card) and a backpack for $35 (credit card). What is left in checking, and what is owed on the card?

    $65, $35

  6. Noah's neighbor has $70 in checking and buys a bag for $28 (debit card) and a clock for $16 (credit card). What is left in checking, and what is owed on the card?

    $42, $16

  7. Ari helps Ms. Reyes compare two loan plans that each borrow $120. Plan X: 6 payments of $22. Plan Y: 12 payments of $12. Which plan costs more to pay back in all?

    • Plan X
    • They cost the same
    • Plan Y

  8. Jun helps Ms. Reyes compare two loan plans that each borrow $150. Plan X: 6 payments of $28. Plan Y: 12 payments of $13. Which plan costs more to pay back in all?

    • They cost the same
    • Plan Y
    • Plan X

  9. Luz reads about credit reports. Why do lenders look at a person's credit report?

    • To see how the person has handled borrowed money before
    • To find out the balance of the person's checking account
    • To pick the person's favorite store

  10. Milo compares jobs. A job after 2-year training pays 41 thousand a year; a job after a 4-year degree pays 56 thousand. How many thousand dollars more does the higher-paying job pay in 30 years?

    450

  11. Pia's aunt charges a chair for $60 and a table for $45 on a credit card. Next month the aunt pays $50 and charges a lamp for $25. How much is owed now?

    $80