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


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Use wise consumer strategies for paying with cash, such as rounding to the next dollar.

Clarifications:

Student uses precautions when carrying money, including keeping it in a wallet or purse. When paying for a gallon of milk with a $5.00 bill, ask the cashier to count the change out to show that it adds up to $5.00.

Number: MA.912.F.3.Su.a Category: Supported
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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