Banking, credit and paying for college

Answer Key - Grade 6 Math Worksheet

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

1. 1.

   Luz compares two checking accounts. Account A has a fee of $9 a month. Account B has a fee of $4 a month. How much less does Account B cost for 12 months?

   $60
2. 2.

   Milo looks at a new checking account. It has a fee of $5 a month and a one-time $10 fee to open it. What does the account cost for the first 6 months?

   $40

3. Read this first

   Use this

   Money table with the columns In, Out and Balance. Start balance $80. Row 1: an $18 debit-card purchase of art supplies. Row 2: a $30 lawn-mowing deposit. Row 3: a $25 transfer out to savings. The Balance column is empty.

4. 3.

   Ren keeps a money table that starts at $80. What is the balance after row 3?

   $67
5. 4.

   Esme's older cousin Dev buys a $40 pair of shoes with a credit card. Which statement is true?

   • $40 left Dev's checking account today
   • Dev owes nothing, because the card paid
   • Dev now owes the card company $40
6. 5.

   Kira wants to pay at a store with money already in the checking account. What does Kira use at the store?

   • Checking account
   • Credit card
   • Debit card
7. 6.

   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
8. 7.

   Pia's uncle charges a lamp for $35 and a rug for $20 on a credit card. Then the uncle pays the card company $25. How much does the uncle still owe?

   $30
9. 8.

   Ren's aunt charges a desk chair for $48 and a bookshelf for $32 on a credit card. Then the aunt pays the card company $30. How much does the aunt still owe?

   $50

10. Use this

    Money table with the columns In, Out and Balance. Start balance ?. Row 1: a $25 dog-walking deposit. Row 2: an $18 debit-card purchase of art supplies. Row 3: a $12 transfer in from savings. Balance after row 3: $89.

11. 9.

    Tala finds a money table that ends at $89 after row 3. What was the start balance?

    $70

12. 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.

13. 10.

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

    $65