Math Lesson: Money

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Math Lesson Money

• Peggy Beauchamp
• CS 255 Final Project
• Beauchamp Link Page

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What is Money?

• Money is a very important item in our world
  today. Almost everything we do involves money,
  from every day life, to sports and schooling.
• Since we handle money so often, it is very
  important that we know how to count, add, and
  subtract it.

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Types of Money

• Dollars
• 1, 2, 5, 10, 20, 50, 100, 1000
• Coins
• Fifty-cent pieces
• Quarters
• Dimes
• Nickels
• Pennies

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Dollar Bills

• The 1, 5, and 10
• are the most common bills
• used today.
• There are also 2, 20,
• 50, 100, and 1000
• bills.

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Dollar Descriptions

• 1 contains a picture of
• George Washington, our 1st
• President, on the front
• and the national symbol
• on the back.
• 5 contains a picture of
• Abraham Lincoln on the front
• and the Lincoln Memorial on
• the back.
• 10 contains a picture of
• Alexander Hamilton on the
• front and the White House on
• the back.

Basic History of Money
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What Coins Stand For

• Fifty-cent piece 50 cents or .50
• Quarter 25 cents or .25
• Dime 10 cents or .10
• Nickel 5 cents or .05
• Penny 1 cent or .01

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Some Possible Money Combinations

• 1 quarter 2 dimes and 1 nickel
• 1 quarter 1 dime and 3 nickels
• 1 quarter 25 pennies
• 1 dime 2 nickels
• 1 dime 1 nickel and 5 pennies
• 1 dime 10 pennies
• 1 nickel 5 pennies

Printable Play Money
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Some Sample Problems

• What is 2 quarters, 1 dime, and 1 penny?
• How many dimes are in .50?
• What is 1 dollar, 5 dimes, and 2 nickels?
• How many quarters are in 1.00

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Answers

• .61 or 61 cents
• Five
• 1.60 or 1 dollar and 60 cents
• Four

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Making Change

• Making change is a very important concept to
  learn. When you buy something you need to know
  how much it is and how much you have, to see if
  you have enough.
• To learn the concept of money, you are basically
  subtracting the cost of something from what you
  have to spend.
• The basic way to learn how to subtract money is
  to start with a dollar and simply subtract the
  number of cents from 100.

Change Maker
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Making Change Problems

• If you bought a candy bar for .55 and paid with
  a 1 bill, how much money would you get back?
• There are three things you want from the store,
  one is .25, another is .54, and the last one is
  .30. If you have a 1.00 bill, is that enough to
  get all three?
• If you have 2, how much will you have left over
  if you buy something for 1.75?

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Answers

• .45 or 45 cents.
• No, your total is 1.09 and you only have a
  1.00.
• .25 or 25 cents.

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Money in Different Countries

• Money is also known as currency.
• The type of currency differs from country to
  country.
• The U.S. uses the type of money we have been
  talking about.
• Canada has its own monetary system and its money
  is worth less than ours.
• Pesos, Deutsch Marks, Yens, and Euros are just a
  few of the other types of currency.
• More Currency Information

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Test Your Knowledge

• I have put together the following money quiz to
  test your knowledge of this presentation. ENJOY!
• Money Quiz
• Answers

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Review

• You should now be able to recognize the
  following
• What money is.
• The different types of money and what they are
  worth.
• What is on the 1, 5, and 10 bills.
• How to count, add, and subtract money.
• How to make change.
• Some different types of currency.

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THE END

• I hope you enjoyed the presentation, thats all
  folks!!!