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 1 of 25 · the same problems every time you open this link.
1.Why does saving up first often cost less than buying on credit?
A.Stores charge savers more
B.Saving adds a tax
C.When you save first, you pay no interest
2.Kim needs $24 for a trip. She saves $4 a week. How many weeks will it take?
A.28 weeks
B.20 weeks
C.$24 ÷ $4 = 6 weeks
3.Dev buys a $50 bike on credit and pays $5 interest. How much does the bike really cost him?
A.$50
B.$50 + $5 = $55
C.$45
4.Who must pay back money borrowed on credit?
A.The borrower
B.The lender
C.The store clerk
5.Eli borrows $20 and must pay $2 interest. How much does he pay back in all?
A.$20 + $2 = $22
B.$20
C.$18
6.When do people use credit?
A.When what they want or need costs more than they can pay right now
B.Never, because credit is free money
C.Only when they have too much money
7.A bank pays $1 interest a year for every $10 saved. Zoe has $30 saved. How much interest will she earn this year?
A.$30 ÷ $10 = 3; 3 × $1 = $3
B.$10
C.$31
8.Maria saves $3 a week for 10 weeks for a gift. How much does she save?
A.$13
B.$33
C.10 × $3 = $30
LessonPrint · D2.Eco.10.3-5 · Set 1 · free to copy for classroom use
Answer key — Saving Up and Paying Back
Set 1. Prints on its own sheet.
1.When you save first, you pay no interest
2.$24 ÷ $4 = 6 weeks
3.$50 + $5 = $55
4.The borrower
5.$20 + $2 = $22
6.When what they want or need costs more than they can pay right now
7.$30 ÷ $10 = 3; 3 × $1 = $3
8.10 × $3 = $30
Questions about Saving Up and Paying Back
What does the Saving Up and Paying Back worksheet cover?
It practices figuring out savings plans and the cost of credit — 8 questions for Grade 3 to Grade 5, all on C3 Framework D2.Eco.10.3-5: Explain what an interest rate is. The instruction to students is “Circle the answer that shows the work”, and the answer key follows on the next sheet.
Which C3 Framework indicator does Saving Up and Paying Back practice?
D2.Eco.10.3-5, under Economics for Grade 3 to Grade 5. The published indicator reads: “Explain what interest rates are.” The worksheet assesses that indicator rather than a paraphrase of it.
What age or grade is this worksheet for?
Saving Up and Paying Back is written for Grade 3 to Grade 5, typically ages 40-41. It is one of the sheets on D2.Eco.10.3-5, so it suits any student working at that standard — including older students revisiting it and younger ones working ahead.
Does Saving Up and Paying Back come with an answer key?
Yes. All 8 answers are generated from the same problems as the questions, so the key cannot drift out of step with the sheet. It starts on a fresh sheet of paper, after the questions, so it is not handed out with the class by accident.
How many different versions of Saving Up and Paying Back can I print?
25 — one per student, and all 25 ask different questions. Set 1 downloads the whole class as a single PDF. Every version is fixed to its own address, so a sheet printed today holds the same problems when you reopen it next week.
Is Saving Up and Paying Back free to print and photocopy?
Yes. Saving Up and Paying Back, its answer key and its 25 versions are free to print and photocopy for your own class, with no account, no email capture and no subscription at the download step. Please do not resell them or republish them as your own.