Financial Literacy
Money Math
Word Problems
Vocab
Trivia
100
At what place can you open an account to keep your money safe?

A Bank

100

If your annual income is $60,000, how much do you make in a month?

$60,000/12=$5,000

100

Samantha is going shopping. She decided to get a pair of shoes that are $32.89, a shirt that is $10.99, and a pair of jeans that are $22.50. How much did she spend shopping?

$32.89+$10.99+$22.50=$66.38

100

Define Income

The amount of money you make

100

What is currency?

Money

200

What kind of account would you open to save your money?

A savings account

200

If your monthly income is $3,400 and you get two paychecks a month, how much is each paycheck?

$3,400/2=$1,700

200

Ryan is buying a TV for $230 but it is on sale 15% off. How much is the TV?

$230x0.15=$34.50

$230-$34.50=$195.50

200

Define Deposit

Putting money into the bank

200

What is the name of currency in Mexico?

Pesos

300

What kind of account would you open to regularly spend from?

A checkings account

300

If you make $15 and hour and you work 40 hours a week, how much would you make in a month?

(15x40)4=$2,400

300

Sam got 15 questions correct out of 18 total questions. What grade did Sam make?

15/18=.83x100=83%


300

Define Withdrawal

Taking money out of the bank

300

What is the name of the Piggy Bank in Toy Story?

Hamm

400

What can you create to know where your money is going?

A budget

400

If your monthly pay is about $2,500 and you decide to put 20% of it into a savings account, how much would you put into savings every month?

$2,500x0.2=$500

400

Riley went shopping and bought three shirts that were $12.33 each. She had a coupon for 10% off her total purchase. How much did she spend?

(12.33x3)0.10 =$3.70

$36.99-3.70=$33.29

400

Define Tax

Money paid to the government

400

What are the two main ingredients US Dollars are made of?

Cotton and paper

500
What is a loan?

Money that you borrow from the bank (that interest is applied to) to buy something such as a car or house.

500
You make $3,000 a month. You have decided that you are going to put 25% of your paycheck into savings every month. How much will you have in savings after a year?

($3,000x12)0.25=$9,000 or ($3,000x0.25)12=$9,000

500

Juan is buying new clothes and his total came out to be $89.87. If the tax rate is 8.75%, how much did Juan pay at the register? (You need to convert 8.75% to a decimal. The 8 needs to go to the hundredths place...)

$89.87x.0875=$7.86

$89.87+$7.86=$97.73

500

Define Interest

A percent applied to money that is accrued (added)
500

Who is the only non-president to be on US Dollars?

Benjamin Franklin