Remember: Paying the whole bill by the due day usually costs no extra. A left-over balance brings an extra, so pay in full, and tell the bank early if the bill is too big.
Read and answer
Read the story first, then answer.
Two cousins and a billCass made lanterns, and that month she bought wax and wire on her account, and her cousin Cal made lanterns too, with the same kind of account. At month's end both bills came, ten coins each with a ringed due day. Cass paid all ten before the due day, and that is paying in full, so nothing was left, nothing extra was charged, and a gold tick landed too. The days between buying and the due day usually cost nothing, if the bill is paid in full. Cal liked to keep coins in hand, so he paid five of the ten, and the five still owed were a left-over pile called a balance. The bank's rule was one extra coin for every five still owed, each month. Next month, Cal's bill started at six, before he bought anything new. A balance can grow even when nothing new is bought: pay nothing at all, and ten becomes twelve, then fourteen. Some months the full bill is too big, so it helps to tell the bank early, because a plan made early is kinder than silence, for everyone. Cal paid his six coins in full, and the pile melted away.
1
Cass's bill is 10 coins, and every coin is crossed out because she paid it. She still owes coins.
2
Cass pays in full by the due day. How many extra coins are charged?
One extra coinTwo extra coinsNone
3
Cal pays 5 of the 10. The 5 still owed are a left-over pile called a .
tickbalancedue day
4
The bank adds 1 extra coin for every 5 still owed. Cal owes 5, so next month 5 + 1 = .
5
Look at the table. If Cal pays none of the 10, he owes next month.
6
Why can a balance grow even when nothing new is bought?
Cal buys more waxThe extra is charged on the pile that is left overThe due day moves
Think, fix and plan
7
Paying after the due day can bring a price for being late.
TrueFalse
8
Circle every one that brings an extra.
Paying the whole bill by the due dayPaying only part of the billA balance carried to next monthA bill paid in full with a gold tickPaying nothing at all
9
Number what happens to Cal's bill of ten.
Next month's bill starts at 6
5 are left: a balance
Cal pays 5 of the 10
One extra coin is added
10
Cal says: if I pay part of the bill, nothing extra is charged. Is Cal right?
YesNo
11
A full bill is too big this month. What is kinder than saying nothing?
Hope it goes awayPay nothing and say nothingTell the bank early so you can make a plan
12
Pay nothing and the pile goes 10, 12, 14. After two months it is coins bigger than at the start.
13
Write one way to remember a due day.
14
Draw a bill with a gold tick on it.
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