Money in math is the way we use numbers to show the value of coins and bills. We count money to buy, sell, and solve real-life problems.
Remember: 100 cents = 1 dollar. Coins are less than a dollar, bills are worth one dollar or more.
Each coin and bill has a different size, color, and value. You can tell what it is by looking at the numbers and symbols printed on it.
Always check both the size and the number on the coin or bill to know its value.
To count money, start with the largest value (bills or quarters) and add smaller values (dimes, nickels, pennies) until you reach the total.
Counting from the largest to the smallest makes it easier to avoid mistakes.
To solve a money word problem, figure out what is being asked, add or subtract the amounts, and write the answer with the dollar sign ($) and decimal point.
Always label your answer with the correct money symbol: use ¢ for cents under $1.00 and $ for dollars.