Transaction Challenge: Balance your Checkbook using Real World Problems

Transaction Challenge: Balance your Checkbook using Real World Problems
Transaction Challenge: Balance your Checkbook using Real World Problems
Transaction Challenge: Balance your Checkbook using Real World Problems
Transaction Challenge: Balance your Checkbook using Real World Problems
Transaction Challenge: Balance your Checkbook using Real World Problems
Transaction Challenge: Balance your Checkbook using Real World Problems
Transaction Challenge: Balance your Checkbook using Real World Problems
Transaction Challenge: Balance your Checkbook using Real World Problems
Grade Levels
Common Core Standards
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Includes 20 task cards, bankbook page and worksheet (if you'd rather give as homework, but if they get 1 wrong, they're all wrong so it's better with pairs, groups or whole group).

Students balance their "Transaction Log" page by solving 20 real world problems starting with a $100 gift from their grandparents. As they move forward they are asked to solve multi-step word problems by multiplying, adding and subtracting fractions and decimals. As any child would, their account does go into a negative balance a quite a few times. The activity ends with students winning $1,000 on a scratch ticket. Then they are asked to write the next 4 transaction word problems on their own using their $1,000 winnings!

Because they must get them all right, it's best to start it with them (20 minutes about) and have students carousel around the room WITH a partner AND check with the teacher every few questions to be sure they're on the right path. I also recommend solving over the course of multiple days or center rotations.

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