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Money · Ages 10+ · Set B
How credit works, step by step
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B
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Goal: 15 min
Score/ 12
Remember: Credit is borrowing in six written steps: ask, check, agree, use, bill, pay.

Questions

1
Which one is the agree step?
💰Ruth brings six coins before the due day🕰️the bank wonders if she paid on time📝the price is written on the sheet
2
Which one is the use step?
🙋Ruth asks for an account🧵Ruth picks cloth worth six coins📝the price is written on the sheet
3
Which one is the agree step?
🧵Ruth picks cloth worth six coins✔️Mr. Fenn writes a tick: paid on time🚧the bank sets a limit of ten coins
4
Which one is the bill step?
✉️an envelope arrives at month's end🙋Ruth asks for an account🔍Mr. Fenn looks at Ruth's record
5
Which one is the pay step?
✔️Mr. Fenn writes a tick: paid on time🔍Mr. Fenn looks at Ruth's record✉️an envelope arrives at month's end
6
Which one is the check step?
📝the price is written on the sheet🔍Mr. Fenn looks at Ruth's record🧾the bill shows six coins and a due day
7
Which one is the pay step?
💰Ruth brings six coins before the due day🕰️the bank wonders if she paid on time🏦Ruth walks into the bank to ask
8
Which one is the use step?
💸the bank pays Mae at once✉️an envelope arrives at month's end✔️Mr. Fenn writes a tick: paid on time
9
Which one is the ask step?
🙋Ruth asks for an account💰Ruth brings six coins before the due day🧾the bill shows six coins and a due day
10
Which one is the ask step?
🔍Mr. Fenn looks at Ruth's record🏦Ruth walks into the bank to ask✔️Mr. Fenn writes a tick: paid on time
11
🕰️Is the bank wonders if she paid on time the bill step?
YesNo
12
Which one is the bill step?
🧵Ruth picks cloth worth six coins🧾the bill shows six coins and a due day🕰️the bank wonders if she paid on time
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