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4th Grade Financial Literacy Flashcards | StudBud
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4th Grade Financial Literacy
4th Grade Financial Literacy
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Flashcards
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Questions
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Answers
1
Exchanging money for goods or services is__________________.
spending
interest
saving
cost
2
Which operation do you use if you are making a withdraw?
X multiplication
− subtraction
÷ division
+ addition
3
Which one is NOT an example of a financial institution?
Savings and Loans
Credit Union
Grocery Store
Bank
4
Money you receive for lending money is____________________.
saving
interest
cost
spending
5
An example of a variable expense would be?
rent
cable bill
car repair
car payment
6
Patty had $150 in receipts and $75 in expenses. What was her profit?
$100
$75
$50
$25
7
The amount you must spend to purchase something is____________.
saving
cost
spending
interest
8
You save $5 a month for 5 months. You make $1 total interest. How much is in your bank account?
$25
$26
$10
$5
9
Louis earned $16. He spent $4 and shared $2 with his brother. How much did he save?
$20
$10
$22
$6
10
Tia earns $10 an hour and works 25 hours a week. How much money will Tia earn in 4 weeks?
$250
$1,000
$500
$25