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. Luz compares two checking accounts. Account A has a fee of $11 a month. Account B has a fee of $6 a month. How much less does Account B cost for 24 months?

  2. Milo compares two checking accounts. Account A has a fee of $8 a month. Account B has a fee of $3 a month. How much less does Account B cost for 18 months?

  3. 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?

  4. Read this first

    Use this

    Money table with the columns In, Out and Balance. Start balance $130. Row 1: a $27 debit-card purchase of a board game. Row 2: a $40 transfer in from savings. Row 3: a $35 check written for the art class. Row 4: an $18 birthday-money deposit. The Balance column is empty.

  5. Tala keeps a money table that starts at $130. What is the balance after row 4?

  6. 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?

  7. Kira's uncle charges a jacket for $55 and a toaster for $18 on a credit card. Next month the uncle pays $40 and charges a clock for $12. How much is owed now?

  8. Tala's aunt borrows $120 to buy a used bike. The aunt pays it back with 12 payments of $11 plus a one-time $10 fee. How much more than $120 does the aunt pay back?

  9. 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?

    • Plan X
    • Plan Y
    • They cost the same

  10. Kira learns about credit reports. How can a borrower use their own credit report?

    • To make a lender forget a late payment
    • To check that the information about their accounts is correct
    • To get money from a card company

  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. Luz compares two checking accounts. Account A has a fee of $11 a month. Account B has a fee of $6 a month. How much less does Account B cost for 24 months?

    $120

  2. Milo compares two checking accounts. Account A has a fee of $8 a month. Account B has a fee of $3 a month. How much less does Account B cost for 18 months?

    $90

  3. 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

  4. Read this first

    Use this

    Money table with the columns In, Out and Balance. Start balance $130. Row 1: a $27 debit-card purchase of a board game. Row 2: a $40 transfer in from savings. Row 3: a $35 check written for the art class. Row 4: an $18 birthday-money deposit. The Balance column is empty.

  5. Tala keeps a money table that starts at $130. What is the balance after row 4?

    $126

  6. 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

  7. Kira's uncle charges a jacket for $55 and a toaster for $18 on a credit card. Next month the uncle pays $40 and charges a clock for $12. How much is owed now?

    $45

  8. Tala's aunt borrows $120 to buy a used bike. The aunt pays it back with 12 payments of $11 plus a one-time $10 fee. How much more than $120 does the aunt pay back?

    $22

  9. 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?

    • Plan X
    • Plan Y
    • They cost the same

  10. Kira learns about credit reports. How can a borrower use their own credit report?

    • To make a lender forget a late payment
    • To check that the information about their accounts is correct
    • To get money from a card company

  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