Money

Front

What is money?

Back

Money is a medium of exchange that is used to buy goods and services.

Front

What is change in money transactions?

Back

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

Front

How do you calculate change?

Back

To calculate change, subtract the total cost from the amount paid.

Front

What is a dollar?

Back

A dollar is a unit of currency in the United States, equal to 100 cents.

Front

How many cents are in a dollar?

Back

There are 100 cents in a dollar.

Front

What is a quarter?

Back

A quarter is a coin worth 25 cents.

Front

How many quarters make a dollar?

Back

Four quarters make a dollar.

Front

What is a ten dollar bill?

Back

A ten dollar bill is a banknote worth ten dollars.

Front

If you buy something for $1.00 and pay with a $5 bill, how much change do you get back?

Back

You get $4.00 back.

Front

What is a budget?

Back

A budget is a plan for how to spend money.