Solving Real World Money Problems

This lesson teaches how to solve real-world money problems by converting larger units to smaller units. It reviews the value of coins and addresses common misunderstandings about coin sizes and values. The lesson includes solving two problems: determining the smallest number of coins for $5.94 and verifying if the correct change was given in quarters. The lesson emphasizes using strategies like making tables to organize information and solve problems efficiently.

What is a common misconception about the value of coins?

• The weight of the coin determines its value.

• The color of the coin determines its value.

• The size of the coin determines its value.

• The design on the coin determines its value.

How many quarters are equivalent to a dollar bill?

• 2 quarters

• 5 quarters

• 3 quarters

• 4 quarters

What is the first step in solving the problem of making $5.94 with the smallest number of coins?

• Start with pennies.

• Use as many quarters as possible.

• Convert everything to nickels.

• Use only dimes.

How many quarters are used to make $5?

• 20 quarters

• 22 quarters

• 18 quarters

• 15 quarters

What is the total number of coins used to make $5.94?

• 27 coins

• 25 coins

• 31 coins

• 29 coins

How much did Nick spend in total on his purchases?

• $14.50

• $17.50

• $15.50

• $16.50

How many quarters are equivalent to $4.50?

• 19 quarters

• 16 quarters

• 17 quarters

• 18 quarters