Money

Front

What is money?

Back

Money is a medium of exchange that is widely accepted in transactions for goods and services.

Front

What does it mean to round a number?

Back

Rounding a number means adjusting it to the nearest specified value, often to make calculations easier.

Front

If I have $4.65, how much would I round it to the nearest dollar?

Back

$5.00

Front

What is change in a transaction?

Back

Change is the amount of money returned to a buyer after they pay for a purchase that is less than the amount they provided.

Front

If an item costs $2.55 and I pay with a $5 bill, how much change should I receive?

Back

$2.45

Front

What is the total cost of items if one costs $2.30, another $2.55, and another $4.90?

Back

$9.75

Front

What is the importance of knowing how to count money?

Back

Knowing how to count money is essential for making purchases, giving change, and managing personal finances.

Front

If I have $3.95, what is the nearest dollar amount I can round it to?

Back

$4.00

Front

What is a budget?

Back

A budget is a plan that outlines expected income and expenses over a specific period.

Front

If I have $4.35 and my friend says I have $4.45, who is correct?

Back

I am correct; I have $4.35.