Worksheet

Banking, credit and paying for college

Grade 6 Math Worksheet - Building Confidence

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

  1. Esme fills in a money table with the columns In, Out and Balance. Where does a $12 debit-card purchase of a book go?

    • In
    • Balance
    • Out

  2. Read this first

    Use this

    Money table with the columns In, Out and Balance. Start balance $40. Row 1: a $20 lawn-mowing deposit, balance $60. Row 2: a $25 transfer in from savings, balance ?.

  3. Luz keeps a money table that starts at $40. What is the balance after row 2?

  4. Jun learns that a credit history is the record of how a person has paid back what they borrowed. Why is a good credit history helpful?

    • It makes the person's checking account balance bigger
    • It means the person never has to pay a loan back
    • Lenders can see that the person paid back on time, so they are more willing to lend

  5. Kira reads that a lender looks at a person's credit history before lending. What does a good history tell the lender?

    • The person does not need to pay back this loan
    • The person has a lot of cash saved at home
    • The person has paid back past loans on time

  6. Noah reads that a checking account has a fee of $3 a month. How much is the fee for 4 months?

  7. Tala learns that an unpaid bill can stay on a credit report for up to 7 years. The bill went unpaid 3 years ago. At most, how many more years can it stay?

  8. Milo compares jobs. A job after 1-year training pays 37 thousand a year; a job after a 2-year degree pays 31 thousand. How many thousand dollars more does the higher-paying job pay in 3 years?

  9. Noah's neighbor borrows $30 from a lender to buy a used lamp, and pays it back with 4 payments of $8. How much more than $30 does the neighbor pay back?

  10. Pia's aunt borrows $50 from a lender to buy a used chair, and pays it back with 6 payments of $9. How much more than $50 does the aunt pay back?

  11. Use this

    Money table with the columns In, Out and Balance. Start balance ?. Row 1: a $20 lawn-mowing deposit. Row 2: an $8 debit-card purchase of lunch. Balance after row 2: $42.

  12. Ren finds a money table that ends at $42 after row 2. What was the start balance?

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Banking, credit and paying for college

Answer Key - Grade 6 Math Worksheet - Building Confidence

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

  1. Esme fills in a money table with the columns In, Out and Balance. Where does a $12 debit-card purchase of a book go?

    • In
    • Balance
    • Out

  2. Read this first

    Use this

    Money table with the columns In, Out and Balance. Start balance $40. Row 1: a $20 lawn-mowing deposit, balance $60. Row 2: a $25 transfer in from savings, balance ?.

  3. Luz keeps a money table that starts at $40. What is the balance after row 2?

    $85

  4. Jun learns that a credit history is the record of how a person has paid back what they borrowed. Why is a good credit history helpful?

    • It makes the person's checking account balance bigger
    • It means the person never has to pay a loan back
    • Lenders can see that the person paid back on time, so they are more willing to lend

  5. Kira reads that a lender looks at a person's credit history before lending. What does a good history tell the lender?

    • The person does not need to pay back this loan
    • The person has a lot of cash saved at home
    • The person has paid back past loans on time

  6. Noah reads that a checking account has a fee of $3 a month. How much is the fee for 4 months?

    $12

  7. Tala learns that an unpaid bill can stay on a credit report for up to 7 years. The bill went unpaid 3 years ago. At most, how many more years can it stay?

    4

  8. Milo compares jobs. A job after 1-year training pays 37 thousand a year; a job after a 2-year degree pays 31 thousand. How many thousand dollars more does the higher-paying job pay in 3 years?

    18

  9. Noah's neighbor borrows $30 from a lender to buy a used lamp, and pays it back with 4 payments of $8. How much more than $30 does the neighbor pay back?

    $2

  10. Pia's aunt borrows $50 from a lender to buy a used chair, and pays it back with 6 payments of $9. How much more than $50 does the aunt pay back?

    $4

  11. Use this

    Money table with the columns In, Out and Balance. Start balance ?. Row 1: a $20 lawn-mowing deposit. Row 2: an $8 debit-card purchase of lunch. Balance after row 2: $42.

  12. Ren finds a money table that ends at $42 after row 2. What was the start balance?

    $30