Grade 8 · Math · Financial literacy | QuizPrint

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Grade 8 Math: Financial literacy QuizPrint.CA Ontario curriculum: Mathematics (2020) · Financial Literacy F1.1 — compare simple and compound interest and methods of payment that change what is paid NameDateScore 1. A jacket costs $25. Which way of paying means bills and coins are handed over at the till? 2. Which kind of financial goal is saving $97 for a bicycle this summer? 3. A weekly budget shows income of $165 and expenses of $125. 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 5 local dollars for 1 foreign dollar. How many local dollars buy 10 foreign dollars? 6. $200 earns 10% compound interest for 2 years. How much interest is earned in all? 7. A jacket costs $41. Which way of paying means the money leaves the bank account right away? 8. Which kind of financial goal is saving $980 for university over the next ten years? 9. A weekly budget shows income of $115 and expenses of $75. How much is left? 10. $400 is saved at 5% simple interest for 2 years. How much interest is earned? Sign in to manage students and save worksheet results. Fresh practice from quizprint.ca. Unofficial practice — not a ministry test or resource. Answer key Grade 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. 1.B) cash 2.B) a short-term goal 3.A) $40 4.A) $10Interest = $200 × 5% × 1. 5.A) $50 6.C) $42Year 1 earns $20. Year 2 earns $22 on $220. 7.C) a debit card 8.D) a long-term goal 9.B) $40 10.B) $40Interest = $400 × 5% × 2. Keep this page if you are printing for a child. Fresh practice from quizprint.ca. Unofficial practice — not a ministry test or resource.

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