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Standards/Math/Texas/6.14

6.14

6 Grade 6
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6.14
6.14.A6.14.B6.14.C6.14.D6.14.E6.14.F6.14.G6.14.H

Personal financial literacy. The student applies mathematical process standards to develop an economic way of thinking and problem solving useful in one's life as a knowledgeable consumer and investor.

6.14.ACompare the features and costs of a checking account and a debit card offered by different local financial institutions.6.14.BDistinguish between debit cards and credit cards.6.14.CBalance a check register that includes deposits, withdrawals, and transfers.6.14.DExplain why it is important to establish a positive credit history.6.14.EDescribe the information in a credit report and how long it is retained.6.14.FDescribe the value of credit reports to borrowers and to lenders.6.14.GExplain various methods to pay for college, including through savings, grants, scholarships, student loans, and work-study.6.14.HCompare the annual salary of several occupations requiring various levels of post-secondary education or vocational training and calculate the effects of the different annual salaries on lifetime income.
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