Pretend you're raising funds for an animal shelter. 🐶
You prepared a box where people can donate money.
Today, you collected this many bills and coins.
Bills are the paper money. They're worth dollars.
Coins are the round money. They're worth cents.
100 cents makes one dollar.
Let's count them.
We put the bills on the left and the coins on the right.
Stack the same coins and bills together.
It's easier to count bills, so start with these.
The value of a bill is written on all of its four corners.
You will also find the value on the back of the bills.
Now let's add the values together.
$10 + $5 + $1 + $1+ $1 = $18
We read this as eighteen dollars.
When we write money, we always put a dollar sign ($) before the number.
So, the total amount for the bills is $18.
Each coin is worth a different amount of cents.
Here are all the coins in our pile, with their values:
That looks like a lot of coins.
Let's add up the value of each type of coin.
Start counting the quarters and skip count by 25¢.
4 quarters is equal to 100¢. ✅
Now we count the dimes and skip count by 10¢.
3 dimes are worth 30¢. ✅
Then, we count the nickels and skip count by 5¢.
The nickels make 20¢ in total. ✅
Finally, we count the pennies.
Each penny is worth 1¢.
The pennies are worth 3¢.
Now, we can add them together:
100¢ + 30¢ + 20¢ + 3¢ = 153¢
Instead of writing 153¢, we can write it as $1.53.
Do you know why?
Yes, because 100 cents is equal to $1.
So 153 cents minus 100 cents is 53 cents.
This means that 153 cents is $1 and 53 cents, or we can just say $1.53.
Tip: We use a decimal point to separate the dollar from the cents.
Can you guess the last step?
$18 + $1.53 = $19.53
Adding money is just like adding decimals.
We add zeros to the end of the whole dollar to make the addition easier.
We read this as "Nineteen dollars and fifty-three cents".
Are you ready for a tricky question? 😉
What's $11 + 100c?
Is it $11.100 (eleven dollars and one hundred cents)? No.
Remember, 100c = $1.
So $11 + 100c becomes:
$11 + $1 = $12
Finding coin combinations that make $1 helps you count coins much faster.
When counting $1 bills, count up by 1's.
$1, $2, $3, $4, $5...
When counting $5 bills, skip count by fives.
$5, $10, $15, $20, $25...
When counting $10 bills, skip count by tens.
$10, $20, $30, $40, $50...
Another bill that's very common is the $20 bill.
The number 20 is written on all four corners.
Great job learning how to count coins and bills.
Now, ace the practice. 😃 It's fun.