6th Grade Money Matters

9 Questions | Total Attempts: 212

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6th Grade Money Matters

Money Matters sixth grade money questions and answers.


Questions and Answers
  • 1. 
    Who earns more money from his investments.  Ben who starts early or Arthur who starts later?
    • A. 

      Ben

    • B. 

      Arthur

  • 2. 
    What is compound interest?
    • A. 

      What happens when you lose money on your investment.

    • B. 

      What happens when your investment earns money, making your money work for you.

    • C. 

      Interest that is added to principal amount of the investment

  • 3. 
    What is one thing you should not do in order to save money.
    • A. 

      Set goals

    • B. 

      Have a strategy for saving money

    • C. 

      Cut back

    • D. 

      Spend more

  • 4. 
    What are three things you should do with money?
    • A. 

      Spend, Spend More, Spend the Most

    • B. 

      Save, Give, Spend

    • C. 

      Buy, Spend, Borrow

    • D. 

      Buy only thing you don't need but want

  • 5. 
    Money is how we measure?
    • A. 

      Value

    • B. 

      Weight

    • C. 

      Mass

    • D. 

      Fluids

  • 6. 
    Coins and paper money are created or minted by the US what?
    • A. 

      Bank

    • B. 

      Treasury

    • C. 

      Loan Office

    • D. 

      Department of Spending and Making Money

  • 7. 
    What do banks do?
    • A. 

      Keep money safe and hold money in accounts

    • B. 

      Help you spend more money foolishly by borrowing money to you.

    • C. 

      Take your money

  • 8. 
    ATM stands for what?
    • A. 

      All Time Most

    • B. 

      Automated Teller Machine

    • C. 

      Automated Take Money

    • D. 

      Automated Time Money Access

  • 9. 
    What are two things that can help boost your earning power?
    • A. 

      Education and Skills

    • B. 

      Computers and Investments

    • C. 

      Borrowing money and investing it wisely.

    • D. 

      Doing poorly in school and not listening to your teacher will help you become more independent therefore helping will your life skill and earning power later.

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