Money
Money is a medium of exchange that is used to facilitate transactions such as buying or selling goods and services. It comes in various forms, including coins and paper currency. Understanding the basic concepts of money, such as its value, denominations, and how to make change, is an important skill for everyday life.
Understanding the Value of Money
Money has different values based on its denomination. For example, a $1 bill has a lower value than a $10 bill. Understanding the relative values of different denominations is important for making purchases and managing finances.
Counting Money
Counting money involves adding and subtracting different denominations of coins and bills. It's important to be able to accurately count money to ensure that transactions are conducted correctly.
Making Change
When making a purchase, it's often necessary to make change for a larger denomination. This requires the ability to subtract the purchase amount from the amount tendered and provide the correct change in coins and bills.
Study Guide
- What is the purpose of money?
- What are the different forms of money?
- How do you determine the value of different denominations of money?
- What are the basic skills needed for counting money?
- How do you make change for a purchase?
◂Math Worksheets and Study Guides Sixth Grade. Division
Worksheet/Answer key
Worksheet/Answer key
Worksheet/Answer key