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Grade 8 Math: Financial literacyQuizPrint.CA Ontario curriculum: Mathematics (2020) · Financial Literacy F1.1 — compare simple and compound interest and methods of payment that change what is paid 1. A jacket costs $62. Which way of paying means bills and coins are handed over at the till? 2. Which kind of financial goal is saving $190 for a bicycle this summer? 3. A weekly budget shows income of $155 and expenses of $130. How much is left? 4. $200 is saved at 5% simple interest for 1 year. How much interest is earned? 5. The exchange rate is 3 local dollars for 1 foreign dollar. How many local dollars buy 6 foreign dollars? 6. $800 earns 10% compound interest for 2 years. How much interest is earned in all? 7. A jacket costs $76. Which way of paying means the money leaves the bank account right away? 8. Which kind of financial goal is saving $890 for university over the next ten years? 9. A weekly budget shows income of $40 and expenses of $30. How much is left? 10. $100 is saved at 10% simple interest for 2 years. How much interest is earned? Sign in to manage students and save worksheet results. Answer keyGrade 8 Math: Financial literacy Ontario curriculum: Mathematics (2020) · Financial Literacy F1.1 — compare simple and compound interest and methods of payment that change what is paid Question numbers match the worksheet.
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