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. 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.

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

  4. 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?

  5. Pia's aunt Jo has a checking account and a debit card for it. Which statement is true?

    • The debit card spends money that is already in the checking account
    • The debit card lets Jo spend now and pay a card company later
    • The debit card has its own money, separate from the checking account

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

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

  7. 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?

  8. 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?

  9. Ren learns that borrowers can read their own credit report. Why might a borrower read it before asking for a loan?

    • To see the balance of their checking account
    • To make the lender pay the borrower
    • To make sure it is correct, because a lender will read it

  10. Zee looks at college costs. One year at a college costs 14 thousand dollars, and a scholarship pays 6 thousand dollars each year. How many thousand dollars are left to pay over 3 years?

  11. Ari looks at college costs. One year at a college costs 11 thousand dollars, and a scholarship pays 3 thousand dollars each year. How many thousand dollars are left to pay over 5 years?

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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. 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.

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

    $126

  4. 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

  5. Pia's aunt Jo has a checking account and a debit card for it. Which statement is true?

    • The debit card spends money that is already in the checking account
    • The debit card lets Jo spend now and pay a card company later
    • The debit card has its own money, separate from the checking account

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

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

  7. 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

  8. 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

  9. Ren learns that borrowers can read their own credit report. Why might a borrower read it before asking for a loan?

    • To see the balance of their checking account
    • To make the lender pay the borrower
    • To make sure it is correct, because a lender will read it

  10. Zee looks at college costs. One year at a college costs 14 thousand dollars, and a scholarship pays 6 thousand dollars each year. How many thousand dollars are left to pay over 3 years?

    24

  11. Ari looks at college costs. One year at a college costs 11 thousand dollars, and a scholarship pays 3 thousand dollars each year. How many thousand dollars are left to pay over 5 years?

    40