# 1.8 - Money

The student will

• determine the value of a collection of like coins (pennies, nickels, or dimes) whose total value is 100 cents or less.

### BIG IDEAS

• So that I can count coins to buy something that I may want. We use money to purchase things at the grocery store, Walmart, the shoe store, laundromat, etc.

### UNDERSTANDING THE STANDARD

• Many experiences with coins help students develop an understanding of money, such as
• drawing pennies to show the value of a given coin (e.g., nickel, dime, or quarter);
• playing store and purchasing classroom objects, using play money (pennies);
• using skip counting to count a collection of like coins;
• representing the value of coins using a variety of organizers, such as five/ten frames or  hundreds charts, pictures; and
• trading the equivalent value of pennies for a nickel, a dime, and a quarter, using play money.
• Counting coins is an application of unitizing.
• Unitizing is the concept that a group of objects can be counted as one unit (e.g., 10 pennies can be counted as 1 dime.)
• Counting money helps students gain an awareness of consumer skills and the use of money in everyday life.
• A variety of classroom experiences in which students manipulate physical models of money and count forward to determine the value of a collection of coins are important activities to develop competence with counting money.
• The last number stated represents the value of a collection of coins being counted.

### ESSENTIALS

 The student will use problem solving, mathematical communication, mathematical reasoning, connections, and representations to Count by ones to determine the value of a collection of pennies whose total value is 100 cents or less.Group a collection of pennies by fives and tens as a way to determine the value.  The total value of the collection is 100 cents or less.Count by fives to determine the value of a collection of nickels whose total value is 100 cents or less.Count by tens to determine the value of a collection of dimes whose total value is 100 cents or less.

### KEY VOCABULARY

Updated: Aug 22, 2018