Updated: Sep 22, 2021
This post explains and give practice opportunities related to TEKS 3.9D:
explain that credit is used when wants or needs exceed the ability to pay and that it is the borrower's responsibility to pay it back to the lender, usually with interest
Students in third grade begin to learn about credit and what it means to pay interest.
Between 2016 and 2021, this supporting standard has been tested once on the STAAR test. A video explaining the problem can be found below. If you'd rather take a quiz over this question, click here. The video below is linked to the question in the quiz as an answer explanation after the quiz is submitted.
To view all the posts in this 3rd grade TEKS review series, click here.