Representing Money (3)

Represent money values in multiple ways and count the change required for simple transactions to the nearest five cents (ACMNA059)

LO: To solve problems involving purchases and the calculation of change to the nearest 5 cents.
Know:

  • How to use the 4 operations to solve money problems.
  • How to subtract money

Understand:

  • That money can be represented in multiple ways and change is given when there is left over money.

Do:

  • I can represent money in multiple ways and can count change from simple transactions.

Representing Money

Money can be represented in many different ways.

Adding and Subtracting Money

Rounding Money

When rounding money, always look at the cent place value.

If the cent place value is 1 or 2 then you round down to the nearest dollar. If the cent value is 3 or 4 then you round up to 5 cents. If the cent value is 6 or 7 then you round down to 5 cents. If the cent value is 8 or 9 then you round up to 10 cents.

Teaching Ideas

Similarities and Differences

Click to Download

Non-Lingusitic Representations

Student Work

Money Videos

Next Lesson