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.

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Let’s Review Coins! What About The Paper? Counting Money What Have You Learned? Main Menu

Let’s 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)

Let’s Review Coins - Pennies Picture of Abraham Lincoln on one side Picture of the Lincoln Memorial on other side Color is copper Value is 1 cent or $.01

Let’s Review Coins - Nickels Picture of Thomas Jefferson on one side Picture of Monticello on other side Color is silver Value is 5 cents or $.05

Let’s Review Coins - Dimes Picture of Franklin Delano Roosevelt on one side Picture of a torch, an olive branch and an oak branch on other side Color is silver Value is 10 cents or $.10

Let’s Review Coins - Quarters Picture of George Washington on one side Most quarters in circulation have a picture of an eagle on other side Color is silver Value is 25 cents or $.25

Special & New Coins Half Dollar 50 cents Golden Dollar $1.00 New Nickels 5 cents You Have Finished This Section. Press Home To Continue. State Quarters 25 cents

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 What About The Paper? - General

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

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

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

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

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

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

What About The Paper? - $100 You Have Finished This Section. Press Home To Continue. Picture of Benjamin Franklin on front side Picture of Independence Hall on back side Value is cents or $100.00

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 Counting Money – Common Conversions

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 Counting Money – Procedure

I have two ten dollar bills, two five dollar bills, a one dollar bill and one quarter. How much money do I have? 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 $ Counting Money – Example

I have a dollar, two quarters and three pennies. How much money do I have? 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. Counting Money – Example

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

I have three quarters, one dime and one penny. How much money do I have? 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. Counting Money – Example You Have Finished This Section. Press Home To Continue.

What Have You Learned? This is the picture located on which dollar bill? Fifty Dollar Bill One Hundred Dollar Bill One Dollar Bill

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

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

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

What Have You Learned? Which one of these coins is a nickel?

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

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

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.

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)

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

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).

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

Congratulations! Please click on the forward arrow to restart the lesson for the next participant. 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.

Let’s 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

Let’s 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

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. Making Change

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. Making Change - Continued

Start with the amount the person owes you Let’s 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 Making Change - Example

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 Making Change – Example Continued You Have Finished This Section. Press Home To Continue.