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

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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.What is one benefit of a savings plan?
  • A.You never have to wait
  • B.Prices stop changing
  • C.Money grows steadily toward a goal, like college
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.Who must pay back money borrowed on credit?
  • A.The borrower
  • B.The store clerk
  • C.The lender
4.Why does saving up first often cost less than buying on credit?
  • A.When you save first, you pay no interest
  • B.Saving adds a tax
  • C.Stores charge savers more
5.What is interest on a loan?
  • A.Money the lender gives away
  • B.A discount on the price
  • C.Extra money the borrower pays the lender for using the money
6.When do people use credit?
  • A.Never, because credit is free money
  • B.Only when they have too much money
  • C.When what they want or need costs more than they can pay right now
7.Kim needs $24 for a trip. She saves $4 a week. How many weeks will it take?
  • A.$24 ÷ $4 = 6 weeks
  • B.20 weeks
  • C.28 weeks
8.Dev buys a $50 bike on credit and pays $5 interest. How much does the bike really cost him?
  • A.$50 + $5 = $55
  • B.$45
  • C.$50

LessonPrint · D2.Eco.10.3-5 · Set 13 · free to copy for classroom use

Answer key — Saving Up and Paying Back

Set 13. Prints on its own sheet.

  1. 1.Money grows steadily toward a goal, like college
  2. 2.$30 ÷ $10 = 3; 3 × $1 = $3
  3. 3.The borrower
  4. 4.When you save first, you pay no interest
  5. 5.Extra money the borrower pays the lender for using the money
  6. 6.When what they want or need costs more than they can pay right now
  7. 7.$24 ÷ $4 = 6 weeks
  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.