# Texas Go Math Grade 2 Lesson 20.5 Answer Key Lending Money

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## Texas Go Math Grade 2 Lesson 20.5 Answer Key Lending Money

Essential Question
What does it mean to lend money?
Explanation:
When people or organizations such as banks lend you money, they give it to you and you agree to pay it back at a future date, often with an extra amount as interest. The bank is reassessing its criteria for lending money

Draw a picture to show the problem. Then solve.

Sam will have  67¢

Diane will have 27 + 23 = 50¢

Math talk
Mathematical processes
Describe how the amount of money for each person changed.
Explanation:
borrow means money which has been paid on the basis that it is to be repaid at a future date
“Lend” means to give something to another person expecting to get it back

FOR THE TEACHER

• Read the following problem. Sam has 90¢. Diane has 27¢. If Diane borrows 23¢ from Sam, how much money will
they each have then?
Explanation:
Sam has 90¢
Diane has 27¢
Diane borrows 23¢ from Sam
90 – 23 = 67¢
Sam has 67¢
Diana has 27 + 23 = 50¢

Model and Draw
Terry borrows $5 from Morgan. This means that Morgan is lending$5 to Terry.

Terry earns $3 each week helping her mom. Describe how soon Terry can pay Morgan back and how much money Terry will have then. Answer: Terry had$1 left
Explanation:
Terry earns $3 each week 3 x 2 = 6 Terry has borrowed$5 from Morgan
so, he returns 6$in two weeks 6 – 5 = 1$1 will terry have

Share and Show

Draw a picture to show the problem. Then write to explain.

Question 1.
Carter lends $7 to Joey. Joey earns$2 each week. How soon can Joey earn enough money to pay Carter back?
Joey can ______
Joey can return in 4 weeks.
Explanation:
Joey earns $2 each week. 4 x 2 = 8 Carter lends$7 to Joey.
In 4 weeks Joey earn enough money to pay Carter back

Question 2.
Beth lends $6 to Nikki. Nikki earns$3 each week. How soon can Nikki earn enough money to pay Beth back?
Nikki can _____
Nikki can pay in 2 weeks
Explanation:
Beth lends $6 to Nikki. Nikki earns$3 each week.
3 x 2 = 6
in 2 weeks Nikki earn enough money to pay Beth back

Question 3.
Name an example of lending. Describe things to think about when deciding if you should do this lending.
Joe lend money to Sim for buying a book.
and Sim returns the amount in 3 weeks
Explanation:
Giving some amount to a person for buying the basic needs.
At that situation we can lend money

Problem Solving

Draw a picture to show the problem. Then write to explain.

Question 4.
Mr. Soto lends $12 to Mr. Hunter. Mr. Hunter plans to pay$4 to Mr. Soto each week. How long will it take for Mr. Hunter to pay back the $12? Answer: Mr. Hunter paid the amount in 3 weeks. Explanation: Mr. Soto lends$12 to Mr. Hunter.
Mr. Hunter plans to pay $4 to Mr. Soto each week. 4 x 3 = 12 it has taken 3 weeks for Mr. Hunter to pay back the$12

Use the information to solve. Show your work.

Alex wants his mom to lend him $20. He earns$3 each week doing chores.

Question 5.
H.O.T. Suppose Alex spends $1 each week on snacks. How long will it take for Alex to pay back the$20 to his mom? It will take ___ for Alex to pay his mom $20. Answer: It will take 10weeks for Alex to pay his mom$20.
Explanation:
3 x 10 = 30
Alex earns the amount in 10 weeks
he spends $1 each week 10 x 1 = 10 so, it take 30 – 10 = 20 So, he take 10 weeks to return the amount back to his mom Question 6. H.O.T. Multi-Step Suppose Alex’s mom needs the$20 back in 5 weeks. If Alex can give her $3 each week, should she lend Alex the$20? Explain.
No.
Explanation:
Because, he cannot earn the enough money in 5 weeks
5 x 3 = 15
He need to earn $5 more. Daily Assessment Task Choose the correct answer. Question 7. Nelson lends some money to Josh. Josh gives Nelson$2 each week for 5 weeks to pay back the money. How much did Nelson lend to Josh?
(A) $10 (B)$3
(C) $7 Answer: A Explanation:$2 each week for 5 weeks
2 x 5 = $10$10 Nelson lend to Josh

Question 8.
Which of these is an example of lending? Circle it.

Rachel uses a movie ticket that Jim gave to her.

William gives 50c to Sara that she will pay back tomorrow. Explanation:
Circled the correct example
Rachel uses a movie ticket that Jim gave to her.
this shows as sharing but not lending.

Question 9.
Explain Suppose you are asked to lend a classmate one of your games or toys.
What is a reason why this would be a good idea?

What is a reason why this would be a bad idea?
Asking of a toy for lend may damage the product
so that cannot be a good idea
Explanation:
If they are in need of money for needs then the lending be the good idea

Question 10.
Texas Test Prep Cathy lends $8 to Jan. Jan can give Cathy$2 each week to pay her back. How long will it take for Jan to pay Cathy?
(A) 6 weeks
(B) 2 weeks
(C) 4 weeks
Explanation:
Cathy lends $8 to Jan. Jan can give Cathy$2 each week
4 x 2 = 8
4 weeks it take Jan to pay Cathy

### Texas Go Math Grade 2 Lesson 20.5 Homework and Practice Answer Key

Draw a picture to show the problem. Then write to explain.

Question 1.
Mr. Harris lends $20 to Mr. Gray. Mr. Gray plans to pay$5 to Mr. Harris each week. How long will it take for Mr. Gray to pay back the $20? Answer: 4 weeks Explanation: Mr. Harris lends$20 to Mr. Gray. Mr. Gray plans to pay $5 to Mr. Harris each week. 5 x 4 = 20 4 weeks long will take for Mr. Gray to pay back the$20

Question 2.
Roy lends $15 to Gracie. Gracie plans to pay$3 to Roy each week. How long will it take for Gracie to pay back the $15? Answer: 5 weeks Explanation: Roy lends$15 to Gracie. Gracie plans to pay $3 to Roy each week. 5 x 3 = 15 5weeks will take for Gracie to pay back the$15

Problem Solving

Question 3.
Multi-Step Amir wants Joy to lend him $10. Joy needs the money back in 2 weeks. If Amir can give her$4 each week, should she lend Amir the money? Explain.
Explanation:
Amir wants Joy to lend him $10. Joy needs the money back in 2 weeks. 5 x 2 =10 If Amir gives her$4 each week,
4 x 2 = 8
10 – 8 = 2
so he need to pay $2 more no, she should not lend Amir the money Lesson Check Texas Test Prep’ Choose the correct answer. Question 4. Sara lends$12 to Jen. Jen can give Sara $4 each week to pay her back. How many weeks will it take for Jen to pay Sara? (A) 4 weeks (B) 2 weeks (C) 3 weeks Answer: C Explanation: Sara lends$12 to Jen. Jen can give Sara $4 each week 4 x 3 = 12$12 weeks will  take for Jen to pay Sara

Question 5.
Nate lends some money to Rick. Rick gives Nate $2 each week for 7 weeks to pay back the money. How much did Nate lend to Rick? (A)$14
(B) $9 (C)$12
Explanation:
Rick gives Nate $2 each week for 7 weeks to pay back 2 x 7 = 14$14 Nate lend to Rick

Question 6.
Laura lends $8 to Tom. Tom can give Laura$1 each week to pay her back. How many weeks will it take for Tom to
pay Laura all of the money?
(A) 7 weeks
(B) 8 weeks
(C) 5 weeks
Explanation:
Laura lends $8 to Tom. Tom can give Laura$1 each week
8 x 1 = 8
8 weeks will it take for Tom to pay Laura all of the money

Question 7.
Andy lends $18 to Mary. Mary pays the same amount to Andy each week and pays him all of the money in 2 weeks. How much did Mary pay to Andy each week? (A)$12
(B) $9 (C)$6
Andy lends $18 to Mary pays him all of the money in 2 weeks. 9 x 2 =$18