Skip to content
LessonPrint

Saving Up and Paying Back is a free printable Grade 3 to Grade 5 social studies worksheet on figuring out savings plans and the cost of credit, aligned to C3 Framework indicator D2.Eco.10.3-5. It prints 8 questions with an answer key on its own sheet of paper, in 25 versions that each ask different questions, so no two students in the class work from the same page. Print it from the browser or download it as a PDF — no account, no email.

Set 11 of 25 · the same problems every time you open this link.

Next set

One paper per student

12345678910111213141516171819202122232425

Set 1 has all 25 in a single PDF. All 25 sets ask different questions.

Saving Up and Paying Back

D2.Eco.10.3-5

NameDate

Circle the answer that shows the work.

1.Who must pay back money borrowed on credit?
  • A.The lender
  • B.The store clerk
  • C.The borrower
2.A bank pays $1 interest a year for every $10 saved. Zoe has $30 saved. How much interest will she earn this year?
  • A.$31
  • B.$30 ÷ $10 = 3; 3 × $1 = $3
  • C.$10
3.When do people use credit?
  • A.Only when they have too much money
  • B.Never, because credit is free money
  • C.When what they want or need costs more than they can pay right now
4.What is interest on a loan?
  • A.A discount on the price
  • B.Money the lender gives away
  • C.Extra money the borrower pays the lender for using the money
5.What is credit?
  • A.Money you are given as a gift
  • B.Borrowing money now and paying it back later
  • C.Money you earn by working
6.Maria saves $3 a week for 10 weeks for a gift. How much does she save?
  • A.10 × $3 = $30
  • B.$33
  • C.$13
7.Eli borrows $20 and must pay $2 interest. How much does he pay back in all?
  • A.$20 + $2 = $22
  • B.$20
  • C.$18
8.Dev buys a $50 bike on credit and pays $5 interest. How much does the bike really cost him?
  • A.$45
  • B.$50
  • C.$50 + $5 = $55

LessonPrint · D2.Eco.10.3-5 · Set 11 · free to copy for classroom use

Answer key — Saving Up and Paying Back

Set 11. Prints on its own sheet.

  1. 1.The borrower
  2. 2.$30 ÷ $10 = 3; 3 × $1 = $3
  3. 3.When what they want or need costs more than they can pay right now
  4. 4.Extra money the borrower pays the lender for using the money
  5. 5.Borrowing money now and paying it back later
  6. 6.10 × $3 = $30
  7. 7.$20 + $2 = $22
  8. 8.$50 + $5 = $55

Last reviewed 2026-09-05. Aligned to D2.Eco.10.3-5 of the C3 Framework for Social Studies State Standards.