Adding and Subtracting Money Concepts

This video tutorial covers the basics of adding and subtracting money, focusing on calculating total costs and change for various purchases. It includes examples with items like a wind-up toy, puzzle, wagon, slinky, comic book, fake glasses, and paddle ball. The tutorial emphasizes the importance of aligning decimal points and borrowing when necessary during subtraction. It also provides practical scenarios to help viewers understand how to manage money transactions effectively.

Which is greater, $5 or 68 cents?

• $5

• Cannot be determined

• Both are equal

• 68 cents

What is the correct way to align decimal points when adding or subtracting money?

• Align to the left

• Randomly

• Like buttons on a shirt

• No need to align

What is the total cost of a puzzle and a wagon?

• $31.17

• $17.00

• $17.31

• $31.00

What is the first step in calculating change?

• Divide the cost by the amount paid

• Add the cost to the amount paid

• Multiply the cost by the amount paid

• Subtract the cost from the amount paid

When subtracting to find change, why might you need to 'borrow' from a neighbor?

• Always

• When the top digit is smaller than the bottom digit

• When the top digit is larger than the bottom digit

• Never

How much change do you get from $10 after buying items costing $7.50?

• $3.00

• $2.00

• $3.50

• $2.50

What is the total cost of buying a comic book and fake glasses?

• $5.93

• $2.93

• $4.93

• $3.93

How much change do you receive when paying $5 for items costing $1.96?

• $4.04

• $3.04

• $3.96

• $2.04

How much more money does Jeff need to buy a paddle ball if he has two quarters, one dime, and one nickel?

• 75 cents

• $1.00

• $1.15

• 84 cents

What is the correct representation for amounts less than a dollar?

• Using a cent sign

• Both dollar and cent signs

• Using a dollar sign

• Either a dollar or a cent sign, but not both