Money

1
Money!

• By Jestine Myers
• 2nd Grade Money Unit

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Money!

• Money is part of our daily lives. You see it all
  of the time but do you really know how to use it?
  After this lesson you will be familiar with the
  values of the units of money that we use.

3
Navigation
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4
Main Menu

• Lets Review Coins!
• What About The Paper?
• Counting Money
• What Have You Learned?

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Lets Review Coins - Overview

• Coins have an obverse (front) side and a reverse
  (back) side
• All coins have this printed on them
• How much they are worth
• What year it was minted (made)
• What mint it was created in
• Philadelphia (P) or Denver (D)

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Lets Review Coins - Pennies

• Picture of Abraham Lincoln on obverse side
• Picture of the Lincoln Memorial on reverse side
• Color is copper
• Value is 1 cent or .01

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Lets Review Coins - Nickels

• Picture of Thomas Jefferson on obverse side
• Picture of Monticello on reverse side
• Color is silver
• Value is 5 cents or .05

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Lets Review Coins - Dimes

• Picture of Franklin Delano Roosevelt on obverse
  side
• Picture of a torch, an olive branch and an oak
  branch on reverse side
• Color is silver
• Value is 10 cents or .10

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Lets Review Coins - Quarters

• Picture of George Washington on obverse side
• Most quarters in circulation have a picture of an
  eagle on reverse side
• Color is silver
• Value is 25 cents or .25

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Special New Coins
Half Dollar 50 cents
Golden Dollar 1.00
New Nickels 5 cents
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State Quarters 25 cents
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What About The Paper? - General
Paper money has a front and a back side All paper
bills have this printed on them How much they
are worth What year and where they were
printed A unique 11 digit serial number
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What About The Paper? - 1

• Picture of George Washington on front side
• Picture of the Great Seal of the United States on
  back side
• Value is 100 cents or 1.00

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What About The Paper? - 2

• Picture of Thomas Jefferson on front side
• Picture of the signing of the Declaration of
  Independence on back side
• Value is 200 cents or 2.00

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What About The Paper? - 5

• Picture of Abraham Lincoln on front side
• Picture of the Lincoln Memorial on back side
• Value is 500 cents or 5.00

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What About The Paper? - 10

• Picture of Alexander Hamilton on front side
• Picture of the U.S. Treasury on back side
• Value is 1000 cents or 10.00

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What About The Paper? - 20

• Picture of Andrew Jackson on front side
• Picture of the White House on back side
• Value is 2000 cents or 20.00

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What About The Paper? - 50

• Picture of Ulysses S. Grant on front side
• Picture of the U.S. Capital on back side
• Value is 5000 cents or 50.00

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What About The Paper? - 100

• Picture of Benjamin Franklin on front side
• Picture of Independence Hall on back side
• Value is 10000 cents or 100.00

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19
Counting Money Common Conversions

• 5 pennies 1 nickel
• 10 pennies 1 dime
• 2 nickels 1 dime
• 5 nickels 1 quarter
• 4 quarters 1 dollar
• 2 dimes 1 nickel 1 quarter

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Counting Money Procedure

• Start with all paper or coin of highest value and
  add them together
• Take paper or coin of next highest value and add
  them to previous total
• Continue this process until all money is counted

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Counting Money Example

• I have two ten dollar bills, two five dollar
  bills, a one dollar bill and one quarter. How
  much money do I have?

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Counting Money Example

• I have two ten dollar bills, two five dollar
  bills, a one dollar bill and one quarter. How
  much money do I have?
• ten dollar bill 10.00 ten dollar
  bill 10.00 five dollar bill 5.00 five
  dollar bill 5.00 one dollar bill 1.00 one
  quarter 0.25
• The total is 31.25.

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Counting Money Example

• I have a dollar, two quarters and three pennies.
  How much money do I have?

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Counting Money Example

• I have a dollar, two quarters and three pennies.
  How much money do I have?
• one dollar 1.00 one quarter 0.25 one
  quarter 0.25 one penny 0.01 one
  penny 0.01 one penny 0.01
• The total is 1.53.

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Counting Money Example

• I have a five dollar bill, one quarter, one dime,
  one nickel and two pennies. How much money do I
  have?

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Counting Money Example

• I have a five dollar bill, one quarter, one dime,
  one nickel and two pennies. How much money do I
  have?
• five dollar bill 5.00 one quarter 0.25 one
  dime 0.10 one nickel 0.05 one
  penny 0.01 one penny 0.01
• The total is 5.42.

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Counting Money Example

• I have three quarters, one dime and one penny.
  How much money do I have?

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Counting Money Example

• I have three quarters, one dime and one penny.
  How much money do I have?
• one quarter 0.25 one quarter 0.25 one
  quarter 0.25 one dime 0.10 one penny
  0.01
• The total is 0.86.

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29
What Have You Learned?

• This is the picture located on which dollar
  bill?
• Fifty Dollar Bill
• One Hundred Dollar Bill
• One Dollar Bill

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Try Again

• The Fifty dollar bill has a picture of Ulysses S.
  Grant on it. His portrait looks like

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Incorrect

• The One Hundred dollar bill has a picture of
  Benjamin Franklin on it. His portrait looks like

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Right!

• The One Dollar bill has a picture of George
  Washington on it. The entire dollar looks like

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What Have You Learned?

• Which one of these coins is a nickel?

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Inaccurate

• This is a picture of a penny. Remember, the penny
  is copper in color and has a picture of Abraham
  Lincoln on the front.

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Correct!

• The nickel is silver in color and it has a
  picture of Thomas Jefferson on the front side and
  Monticello on the back side.

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Wrong

• This is a picture of a dime. The dime is smaller
  in size than a nickel and has a picture of
  Franklin Delano Roosevelt on the obverse side.

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What Have You Learned?

• If I have a quarter, a dime and three pennies
  how much money do I have?
• Thirty three cents (.33)
• Thirty eight cents (.38)
• Forty three cents (.43)

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Incorrect

• One way to make thirty three cents (.33) would
  be with a quarter, a nickel and three pennies.

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Correct!

• The quarter is worth twenty-five cents, the dime
  is worth ten cents and the three pennies are
  worth three cents. That makes a total of
  thirty-eight cents (.38).

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Think Again

• One way to make forty-three cents (.43) would be
  with a quarter, a dime, a nickel and three
  pennies.

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Congratulations!

• You have completed the first lesson in our unit
  on money. For completing this lesson, you have
  earned a quarter in your classroom piggy bank.

Please click on the forward arrow to restart the
lesson for the next participant.
42
Lets Review Coins Half Dollars

• Picture of John F. Kennedy on obverse side
• Picture of the eagle from the presidential seal
  on reverse side
• Color is silver
• Value is 50 cents or .50

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Lets Review Coins Dollars

• Picture of Sacagawea on obverse side
• Picture of a flying eagle on reverse side
• Color is gold
• Value is 100 cents or 1.00

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Making Change

• Start with the amount the person owes you.
• Look at the amount they give you.
• Add pennies to the purchase amount up to the
  nearest 5.

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Making Change - Continued

• Try the quarter next, does it make the amount too
  high? If it does, try the dime. If a dime does
  not work go to the nickel.
• Keep adding coins until you get to the amount
  given to you initially.

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Making Change - Example

• Start with the amount the person owes you Lets
  say 17 cents
• Look at the amount they give you 25 cents
• Add pennies to the purchase amount up to the
  nearest 5 One penny is 18 cents, second is 19
  cents and a third makes 20 cents

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Making Change Example Continued

• Take the next largest coin and add it to the
  total Add a nickel for 5 cents which brings you
  to 25 cents, the amount they gave you originally
• In this example, the total change is 8 cents

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