In this unit, mathematicians learn the names and values of the penny, nickel, dime, and quarter. They are taught to count the value of different coins by applying the strategies of counting on and skip-counting from the coin of the greatest value by first arranging the coins in order. Children learn that the same amount of money can be represented in different combinations of coins.
In conjunction with the concept of counting money, children go on to using addition and subtraction in real-world situations that involve money. They are taught to interpret, the question, and in turn, form addition and subtraction sentences accordingly, before applying the strategies of mental calculation or place value to derive the answer.
With the ability to recognize coins and count money in real-world problems, children are able to make simple purchases and find the amount of change in everyday experiences.
In conjunction with the concept of counting money, children go on to using addition and subtraction in real-world situations that involve money. They are taught to interpret, the question, and in turn, form addition and subtraction sentences accordingly, before applying the strategies of mental calculation or place value to derive the answer.
With the ability to recognize coins and count money in real-world problems, children are able to make simple purchases and find the amount of change in everyday experiences.