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Topic Review: Personal Financial Literacy

Quiz by Grade 4 - Texas Education Agency

Grade 4
Math (Archived)
Texas Essential Knowledge and Skills (TEKS)

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5 questions
Show answers
  • Q1
    Raina sold pens decorated with fancy tape. • Raina’s expenses were $11.57 for supplies. • Raina sold 12 pens for $2 each. What was Raina’s profit?
    $2.43
    $35.57
    $24.00
    $12.43
    60s
    4.10.B: Personal Financial Literacy
  • Q2
    Which of these services is not provided by a financial institution such as a bank or credit union?
    Providing loans to customers that can be paid back over time with interest
    Informing customers of how the money in their accounts must be spent
    Providing cash when customers make withdrawals from their accounts
    Informing customers of the amount of money in their accounts
    60s
    4.10.E: Personal Financial Literacy
  • Q3
    Zoey sold snacks at a neighborhood pool. The cost of preparing the snacks was $10.29. The money she received from the sale of the snacks was $21.75. What was Zoey’s profit?
    $10.29
    $11.46
    $32.04
    $21.75
    60s
    4.10.B: Personal Financial Literacy
  • Q4
    Gwen bought an old table. She repaired it and painted it so that it looked new. Then she sold the table. Gwen made this list about what she did. • Price paid for old table: $10.00 • Cost to repair: $5.00 • Cost to paint: $7.50 • Selling price: $50.00 What was Gwen’s profit from selling the table?
    $27.50
    $40.00
    $50.00
    $22.50
    60s
    4.10.B: Personal Financial Literacy
  • Q5
    Some people borrow money to buy cars. They have to make car payments to pay back the money they borrowed. What kind of expenses are most car payments?
    Variable expenses, because the payment is not due every month
    Fixed expenses, because the car is usually paid for after one month
    Fixed expenses, because the amount is usually the same every month
    Variable expenses, because the amount usually changes every month
    60s
    4.10.A: Personal Financial Literacy

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