GRADE 6 Financial Literacy House Competition

Which of the following is a liability?

How do you calculate profit ?

Mr. Lucas bought a new chair. The one he chose was $400. He had to pay a sales tax of 8%. What was the amount of

What is money borrowed that must be repaid, usually with interest?

A card issued by bank that allows a user to buy items and services immediately and pay the cost at a later time.

Putting money aside from current income to buy something in the future

If Billy invests $5500 in the bank with interest of 9%. How much will he earn in 4 years?

What is the full form of ATM?

Jacob has $760,000 in his Bank account. He issued the cheque worth $940,000. How much is Bank overdraft for Jacob

In New City, Texas, the sales tax rate is 8.15%. How is this represented as a decimal?