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Identifying and counting money

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Lesson plan

1. 1. Introduction to money<br />Identifying and counting money<br />
2. 2. Types of coins<br /><ul><li>Penny = 1 cent
3. 3. Nickel = 5 cents
4. 4. Dime = 10 cents
5. 5. Quarter = 25 cents
6. 6. Coins are referred to as “cents” </li></li></ul><li>Converting to pennies<br /><ul><li>One nickel = 5 cents
7. 7. Five pennies = 5 cents
8. 8. So, one nickel = five pennies
9. 9. One dime = 10 cents
10. 10. Ten pennies = 10 cents
11. 11. So, one dime = ten pennies </li></li></ul><li>Converting to nickels<br /><ul><li>One dime = 10 cents
12. 12. Two nickels = 10 cents
13. 13. So, one dime = two nickels
14. 14. One quarter = 25 cents
15. 15. Five nickels = 25 cents
16. 16. So, one quarter = five nickels</li></li></ul><li>How many coins equal 50 cents<br /><ul><li>How many pennies in 50 cents?</li></ul>Count by ones. 50 pennies = 50 cents<br />How many nickels in 50 cents?<br />Count by fives. 10 nickels = 50 cents<br />
17. 17. How many coins equal 50 cents<br /><ul><li>How many dimes in 50 cents?</li></ul>Count by tens. 5 dimes = 50 cents<br /><ul><li>How many quarters in 50 cents?</li></ul>Count by twenty-five. 2 quarters = 50 cents<br />
18. 18. Combining coins to make 50 cents<br /><ul><li>Lets use the least amount of different coins.
20. 20. 1 quarter = 25 cents
21. 21. We have 25, we need 25 more cents
22. 22. 2 dimes = 20 cents
23. 23. We have 45, we need 5 more cents
24. 24. 1 nickel = 5 cents
25. 25. 50 cents</li></li></ul><li>Combining coins to make 75 cents<br /><ul><li>Lets use the least amount of different coins.
27. 27. 2 quarters = 50 cents
28. 28. We have 50, we need 25 more cents
29. 29. 2 dimes = 20 cents
30. 30. We have 70, we need 5 more cents
31. 31. 1 nickel = 5 cents
32. 32. 75 cents</li></li></ul><li>Combining coins to make 100 cents<br /><ul><li>Lets use all four coins this time.
33. 33. 2 quarters = 50 cents
34. 34. We have 50, we need 50 more cents
35. 35. 3 dimes = 30 cents
36. 36. We have 80, we need 20 more cents
37. 37. 3 nickels = 15 cents
38. 38. We have 95, we need 5 more cents
39. 39. 5 pennies = 5 cents</li></ul>100 cents<br />
40. 40. Another name for 100 cents?<br />One dollar<br />So, we have two types of money<br />Coins<br />Dollar Bills<br />Coins are represented by “¢”<br />Dollar bills are represented by “\$”<br />
41. 41. Types of dollar bills<br /><ul><li>Dollar bills do not have specific names like “penny” or “nickel”.
42. 42. They are named by their amount.</li></ul>Here are a few dollar bills:<br />Using a one dollar bill is easier than using 100 coins<br />Using a five dollar bill is easier than using 500 coins<br />Using a ten dollar bill is easier than using 1,000 coins<br />
43. 43. More types of dollar bills<br />Here are some higher valued dollar bills:<br />
44. 44. <ul><li>We can make 20 dollars out of bills just like we can make 20 cents out of coins
45. 45. Twenty 1 dollar bills will make 20 dollars</li></ul>Making twenty dollars<br />
46. 46. Making twenty dollars<br /><ul><li>We can also make twenty dollars using 5 and 10 dollar bills.
47. 47. Or,</li></li></ul><li><ul><li>We can also make fifty dollars with 1, 5, 10 and 20 dollar bills.
48. 48. The easiest way to make fifty dollars is with the highest valued bill.</li></ul>Making fifty dollars<br />= 50 dollars<br />+<br />
49. 49. <ul><li>You have successfully learned how to identify and count money!
50. 50. Next, we will learn how to add and subtract coins and dollar bills</li></ul>Congratulations!<br />