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The World of Money! The Basics of Money: Coins and Bills

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All About Coins! Penny = One Cent = $0.01 Nickel = Five Cents= $0.05 Dime = Ten Cents = $0.10 Quarter = Twenty-five Cents =$0.25 Remember these names and values!

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Lets Learn About Bills! 1 Dollar Bill = $1.00 5 Dollar Bill = $5.00 10 Dollar Bill = $10.00 20 Dollar Bill = $20.00 50 Dollar Bill = $50.00 100 Dollar Bill = $100.00

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How Are They Related? How many pennies are in one dollar? 100 pennies = 1 dollar How many nickels are in one dollar? 50 nickels = 1 dollar How many dimes are in one dollar? 10 dimes = 1 dollar

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What Do I Need? Lets say I want to make a Fruit Salad, at the store I need: 1 orange- $0.45 1 apple- $0.50 1 banana- $0.15 1 container of strawberries- $3.00 1 container of blueberries $2.50 1 peach $0.10 1 watermelon $5.00

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Lets Do The Math! If I have 1 Quarter, 1 Dime and 2 Nickels what can I buy? Mathematically I have… $0.25 + $0.10 + $0.05 + $0.05 = $0.45 So if I have $0.45 I can buy one orange!

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Lets Do The Math! If I have 2 one Dollar bills and 5 Dimes what can I buy? Mathematically I have… 1 Dollar = $1.00 So, $1.00 +$1.00= $2.00 1 Dime = $0.10 So five would be.10 +.10 +.10 +.10 +.10 =.50 $2.00 +.50 = $2.50 With $2.50 I can buy one container of strawberries for my fruit salad!

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The World Of Money! So from this lesson remember the values of pennies, nickels, dimes, quarters and dollar bills from 1 to 100! Practice on your own the rest of our grocery list!

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