Financial Literacy Unit Review

How much more will a paramedic make than a retail clerk over a period of 30 years?

Mathematical Equivalence

ON

Tags

CCSS.6.EE.B.6

How much more will a veterinarian make than a postal worker over a period of 10 years?

Mathematical Equivalence

ON

Tags

CCSS.7.EE.B.3

How much more will a television producer make than a postal worker over a period of 30 years?

Mathematical Equivalence

ON

Tags

CCSS.7.EE.B.3

Use the information below to compare First Texas Bank, Republic Bank and Lone Star Bank. Then, suggest a bank for each person below:

- Joanna typically has $600 in her bank account and usually writes three checks per month.

• Lone Star Bank

• First Texas Bank

• Republic Bank

Tags

CCSS.8.F.A.2

CCSS.HSF.IF.C.9

Use the information below to compare First Texas Bank, Republic Bank and Lone Star Bank. Then, suggest a bank:

- Tamara typically has $900 in her bank account and doesn’t write checks.

• Lone Star Bank

• First Texas Bank

• Republic Bank

Tags

CCSS.8.F.A.2

CCSS.HSF.IF.C.9

Use the information below to compare First Texas Bank, Republic Bank and Lone Star Bank. Then, suggest a bank:

- Reece typically has $250 in her bank account and usually writes one check per month

• Lone Star Bank

• First Texas Bank

• Republic Bank

Tags

CCSS.8.F.A.2

CCSS.HSF.IF.C.9

Use the information below to compare First Texas Bank, Republic Bank and Lone Star Bank. Then, suggest a bank:

- Devon typically has $2,000 in his bank account and writes 6 checks per month.

• Lone Star Bank

• First Texas Bank

• Republic Bank

Tags

CCSS.6.RP.A.3B

Use your knowledge of debit cards and credit cards to sort the table below:

Groups:

(a) Debit Card

,

(b) Credit Card

• doesn't help build credit history

• whatever your credit limit is

• amount in your checking account

• helps build credit history

• Pay over time

• pay at a later date

• you pay only the amount of the item

• immediately pay for it

• the cost of the item plus interest if not paid off completely

Felix is organizing the receipts and pay stubs from the past week. Use the details below to organize them into the check register.

- On 8/2, Chelsea’s account balance was $467.80

- On 8/6, Chelsea went grocery shopping at Kroger. She spent $95.20 in groceries.

- On 8/7, Chelsea paid her internet bill to Communications for $63.40.

- On 8/8, Chelsea went to TMC movies for $22.50.

- On 8/9, Chelsea received $150.00 for her birthday.

Put the end balances in order the earliest, to the latest

(as if you were putting it in the right hand column of the check register)

• $436.70

• $286.70

• $372.60

• $309.20

• $467.80

Tags

CCSS.7.NS.A.3

Felix is organizing the receipts and pay stubs from the past week. Use the details below to organize them into the check register.

- On 8/2, Chelsea’s account balance was $467.80

- On 8/6, Chelsea went grocery shopping at Kroger. She spent $95.20 in groceries.

- On 8/7, Chelsea paid her internet bill to Communications for $63.40.

- On 8/4, Chelsea moved $100 from her checking account to her savings account

- On 8/4, Chelsea received $150.00 for her birthday.

Mark each as either a Deposit, Withdrawal, or a Transfer

Groups:

(a) deposit

,

(b) withdrawal

,

(c) transfer

• Checking to Savings

• Groceries - Kroger

• Birthday Money

• Internet - Communications

Tags

CCSS.7.NS.A.3