Refer to our Texas Go Math Grade 2 Answer Key Pdf to score good marks in the exams. Test yourself by practicing the problems from Texas Go Math Grade 2 Lesson 20.5 Answer Key Lending Money.

## 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 ______

Answer:

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 _____

Answer:

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.

Answer:

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.

Answer:

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.

Answer:

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?

Answer:

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

Answer: C

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.

Answer: No.

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

Answer: A

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

Answer: B

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

Answer: B

Explanation:

Andy lends $18 to Mary

pays him all of the money in 2 weeks.

9 x 2 = $18

$18 Mary pay to Andy each week