Financial Literacy

Question 1

Round the cost to the nearest ten: $453

Accepted Answer

$450

Question 2

Round the cost to the nearest hundredth: $336

Accepted Answer

$400

Question 3

In my bank account, I saved up my money to purchase my video game. When I bought the game, what method did I use?

Accepted Answer

interact

Question 4

What are the four different methods of payment?

Accepted Answer

interact, e-transfer, cheque, credit, and cash

Question 5

Calculate the total: Video Game - $167, Video Switch - $34 (I bought 2 of them)

Accepted Answer

$235 dollars

Question 6

My family and I rent an apartment in Cannington. What method of payment do my parents use to pay the rent?

Accepted Answer

cheque

Question 7

My mom purchases a summer outfit for me on-line. What method of payment did she use?

Accepted Answer

credit card

Question 8

What is the total cost? Shoes - $96, Jacket - $110, Shirt - $25

Accepted Answer

$231 dollars

Question 9

What is the total cost? Hat - $33, Soccer Ball - $25, Soccer Cleats - $42

Accepted Answer

$100 dollars

Question 10

My Aunt took me to Walmart to buy me a video game for my birthday. What method of payment did she use?

Accepted Answer

cash or credit card

Questions 10