Access Point #: MA.912.F.3.In.a (Archived Access Point)


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Identify wise consumer strategies for cash purchases, such as counting change, rounding up, and adding the tax.

Clarifications:

Check the accuracy of change received from a cash purchase using a strategy, such as matching the amount received to the amount listed on the receipt.

Number: MA.912.F.3.In.a Category: Independent
Date Adopted or Revised: 08/08 Standard: Loans and Financing : Become familiar with and describe the advantages and disadvantages of short-term purchases, long-term purchases, and mortgages.

Related Benchmarks

Name Description
MA.912.F.3.1: Compare the advantages and disadvantages of using cash versus a credit card.



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