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Lesson Plan

6. Solve problems by finding equivalent amounts of money (A)

teaches Common Core State Standards CCSS.Math.Content.2.MD.C.8
teaches Common Core State Standards CCSS.Math.Practice.MP4
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Lesson objective: Apply understanding of how different monetary combinations make the same value in order to solve a story problem.

This lesson provides an opportunity for students to apply their knowledge and understanding of making equivalent amounts of money with different combinations to a real-life situation. Students are asked to come up with at least five different ways to make $1.00 for kids to be able to buy a treat at the bake sale.

Key Concept students will use: 

  • We can make the same amounts of money using different combinations of bills and coins.

Skills students will use:

  • skip count by different values to end at the same money amount
  • use different coins and understand the values of each to make an amount of money
  • understand the equivalence of dollars and coins

Students engage in Mathematical Practice 4 (Model with mathematics) as they show the different combinations of dollars and coins that can be used to make $1.00. Students can use number lines, drawings, and equations to show how the values of the dollars and coins make this amount.

Key vocabulary: 

  • combination
  • dime
  • dollar
  • nickel
  • number line
  • penny
  • quarter
  • same amount
  • skip count
  • values

Special materials needed:

  • coins
  • hundreds grid
  • number lines (filled in and blank)
  • scratch paper
Related content

Appears in

Solving problems involving money

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