Percents
10 % as a decimal
What is 0.10
This type of account is for everyday spending and paying bills. It usually doesn’t earn interest.
What is a chequing account?
I can sometimes get lost or misplaced. Not all places accept me anymore.
What is cash?
Mikey wants to buy a new game that costs $50. The store is offering 10% off. How much will he save with the discount?
What is $5.00.
10% of $350.00
What is $35.00
This type of account is used to save money for the future and earns interest.
What is a savings account?
This type of payment lets you pay online or in stores using money directly from your bank account.
What is a debit card?
Evelin has a chequing account for everyday spending and a savings account for long-term goals. Which account should she use to pay for snacks at a movie?
What is her chequing account?
20% of $500
What is $100.00.
This is a large loan people use to buy a house or property and it is repaid over many years.
What is a mortgage?
What is an e-transfer?
Mikey has $300 in his savings account. If the account earns 1% interest each year, how much interest will he earn in one year?
What is $3.00?
15% of $200.00
What is $30.00
This is a loan used to start or grow a business, helping buy equipment or hire staff.
What is a business loan?
With this type of payment, you borrow money from the bank to pay for things and repay it later. If you do not pay it back on time you will pay interest.
What is a credit card?
Brayden borrowed $100 from a bank. The interest rate is 5% per year. How much will Brayden owe in total after one year?
What is $105.00?
What is 25% of $600.00?
What is $150.00
This is not a loan but a way to invest money or shares in a company, hoping it will grow in value over time.
What are stocks?
This is when you promise to pay for something later, usually for big purchases like a car or house.
What is a loan?
Eva has $200 saved in her account. She earns 1% interest on her savings every month. How much money will she have in her account after one year?
What is $224.00?