Worksheet

Banking, credit and paying for college

Grade 6 Math Worksheet

NameDate

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

  1. Luz taps something at the store, and the money comes straight out of the checking account. What did Luz circle?

    • Checking account
    • Credit card
    • Debit card

  2. Milo is learning about credit reports. Which of these is on a person's credit report?

    • The loans and cards they have, and whether payments were on time
    • The money in their checking account today
    • The grades they got in school

  3. Noah reads that a credit report helps a lender see something about a person. What does a credit report help a lender see?

    • How fast the person can run
    • What the person likes to eat
    • Whether the person paid back past loans on time

  4. Zee reads that a checking account has a fee of $6 a month. How much is the fee for a year?

  5. Ari learns that a late payment can stay on a credit report for up to 7 years. The payment was late 4 years ago. At most, how many more years can it stay?

  6. Bo learns that a late payment can stay on a credit report for up to 7 years. The payment was late 5 years ago. At most, how many more years can it stay?

  7. Noah compares jobs. A job after 1-year training pays 38 thousand a year; a job after a 2-year degree pays 45 thousand. How many thousand dollars more does the higher-paying job pay in 4 years?

  8. Ari helps Ms. Reyes compare two loan plans that each borrow $90. Plan X: 6 payments of $17. Plan Y: 9 payments of $12. Which plan costs more to pay back in all?

    • They cost the same
    • Plan X
    • Plan Y

  9. Read this first

    Use this

    Money table with the columns In, Out and Balance. Start balance ?. Row 1: a $16 debit-card purchase of a bike light. Row 2: a $30 lawn-mowing deposit. Row 3: a $14 transfer in from savings. Balance after row 3: $93.

  10. Jun finds a money table that ends at $93 after row 3. What was the start balance?

  11. Kira's neighbor charges a toaster for $27 and a clock for $18 on a credit card. Then the neighbor pays the card company $15. How much does the neighbor still owe?

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Banking, credit and paying for college

Answer Key - Grade 6 Math Worksheet

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

  1. Luz taps something at the store, and the money comes straight out of the checking account. What did Luz circle?

    • Checking account
    • Credit card
    • Debit card

  2. Milo is learning about credit reports. Which of these is on a person's credit report?

    • The loans and cards they have, and whether payments were on time
    • The money in their checking account today
    • The grades they got in school

  3. Noah reads that a credit report helps a lender see something about a person. What does a credit report help a lender see?

    • How fast the person can run
    • What the person likes to eat
    • Whether the person paid back past loans on time

  4. Zee reads that a checking account has a fee of $6 a month. How much is the fee for a year?

    $72

  5. Ari learns that a late payment can stay on a credit report for up to 7 years. The payment was late 4 years ago. At most, how many more years can it stay?

    3

  6. Bo learns that a late payment can stay on a credit report for up to 7 years. The payment was late 5 years ago. At most, how many more years can it stay?

    2

  7. Noah compares jobs. A job after 1-year training pays 38 thousand a year; a job after a 2-year degree pays 45 thousand. How many thousand dollars more does the higher-paying job pay in 4 years?

    28

  8. Ari helps Ms. Reyes compare two loan plans that each borrow $90. Plan X: 6 payments of $17. Plan Y: 9 payments of $12. Which plan costs more to pay back in all?

    • They cost the same
    • Plan X
    • Plan Y

  9. Read this first

    Use this

    Money table with the columns In, Out and Balance. Start balance ?. Row 1: a $16 debit-card purchase of a bike light. Row 2: a $30 lawn-mowing deposit. Row 3: a $14 transfer in from savings. Balance after row 3: $93.

  10. Jun finds a money table that ends at $93 after row 3. What was the start balance?

    $65

  11. Kira's neighbor charges a toaster for $27 and a clock for $18 on a credit card. Then the neighbor pays the card company $15. How much does the neighbor still owe?

    $30