Remember: A very short loan can cost a lot for the days it lasts.
Questions
1
Omar's short loan of ten rolls over, with a fee of three each time. Which one has paid twelve coins in fees?
after four rollsafter three rollsafter six rolls
2
Omar's short loan of ten rolls over, with a fee of three each time. Has Omar paid nine coins in fees after three rolls?
YesNo
3
Omar's short loan of ten rolls over, with a fee of three each time. Which one has paid three coins in fees?
after five rollsafter one rollafter four rolls
4
Omar's short loan of ten rolls over, with a fee of three each time. Which one has paid fifteen coins in fees?
after six rollsafter four rollsafter five rolls
5
Omar's short loan of ten rolls over, with a fee of three each time. Which one has paid six coins in fees?
after six rollsafter two rollsafter three rolls
6
Which one does not change what a loan costs?
🏠how big the shop is🪙how many coins in all📅when it is due
7
Which one means eleven coins are owed?
👵ten from Gran, no fee🏧a cash advance of ten🏷️a payday loan of ten
8
Which question is worth asking before any loan?
🪙how many coins in all🏠how big the shop is🎨the colour of the sign
9
Which one means only ten coins are paid back?
🏧a cash advance of ten👵ten from Gran, no fee🏷️a payday loan of ten
10
Which one does not change what a loan costs?
🪙how many coins in all🎨the colour of the sign❓what happens if I cannot pay
11
Which question is worth asking before any loan?
📅when it is due🎨the colour of the sign🏠how big the shop is
12
Which one means thirteen coins are due?
🏷️a payday loan of ten🏧a cash advance of ten👵ten from Gran, no fee
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Answer key · Set B
Payday loans and cash advances
1after four rolls
2Yes
3after one roll
4after five rolls
5after two rolls
6how big the shop is
7a cash advance of ten
8how many coins in all
9ten from Gran, no fee
10the colour of the sign
11when it is due
12a payday loan of ten
Mark each answer, count the right ones and write the score on the sheet.