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CanadaON
Grade 8

10.08 Credit cards and savings accounts

Interactive practice questions

Look at the account statement below, and answer the following questions:

a

How much did John Jones withdraw from A.T.M.s over the course of the statement period?

b

How much was taken out of the account in fees during the statement period?

c

How much was the specific withdrawal from the account which was later added back in?

d

How much payment did John Jones receive during the month?

Easy
6min

The table below shows one month of records from a savings account. Some of the values are missing.

Easy
5min

Rochelle receives the following statement from her bank, detailing her last month of transactions.

Easy
3min

Fred has $\$300$$300 in a savings account.

If his account earns simple interest at a rate of $1.15%$1.15% p.a., how much interest will he earn over $2$2 years?

Medium
1min
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Outcomes

8.F1.1

Describe some advantages and disadvantages of various methods of payment that can be used when dealing with multiple currencies and exchange rates.

8.F1.6

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