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Money · Ages 7+ · Set B
What is a loan?
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B
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Goal: 15 min
Score/ 12
Remember: A loan is borrowed coins with a plan to pay back, plus a little extra.

Questions

1
Which one is part of a loan?
🎉a surprise party🎁a free gift with nothing to pay back🔁how often to pay
2
Which one is not part of a loan?
⏳how long to pay back🎉a surprise party🔁how often to pay
3
Which one is not part of a loan?
🤫a secret nobody must know🔢how many coins are lent➕the extra coin for waiting
4
Which word means the one who lends coins?
💹interest🧑‍🌾a lender🧒a borrower
5
Which one is part of a loan?
➕the extra coin for waiting🧥a coin found in a coat🎁a free gift with nothing to pay back
6
Which word means a plan both people say yes to?
🧑‍🌾a lender💹interest✍️an agreement
7
Which one is not part of a loan?
🧥a coin found in a coat📄a paper that each person keeps🔁how often to pay
8
🤝Is a plan both people say yes to part of a loan?
YesNo
9
Which word means the one who borrows coins?
💹interest🧑‍🌾a lender🧒a borrower
10
Which word means the extra coin paid for waiting?
🧒a borrower💹interest✍️an agreement
11
Which one is part of a loan?
🎁a free gift with nothing to pay back🤫a secret nobody must know⏳how long to pay back
12
Which one is part of a loan?
🔢how many coins are lent🎁a free gift with nothing to pay back🧥a coin found in a coat
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Answer key · Set B
What is a loan?
1how often to pay
2a surprise party
3a secret nobody must know
4a lender
5the extra coin for waiting
6an agreement
7a coin found in a coat
8Yes
9a borrower
10interest
11how long to pay back
12how many coins are lent
Mark each answer, count the right ones and write the score on the sheet.