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Alignments to Content Standards: 2.MD.C.8

Amy went to the arcade. At the arcade, people can buy tokens to use for the games.

Depending on how comfortable students are with the value of different coins, they may benefit from having play money to help them count out and think about different combinations of coins and bills that make \$5. This task focuses on a Big Idea of Financial Literacy- The Properties of Money. It is part of a set collaboratively developed with Money as You Learn, an initiative of the President’s Advisory Council on Financial Capability. Integrating essential financial literacy concepts into the teaching of the Common Core State Standards can strengthen teaching of the Common Core and expose students to knowledge and skills they need to become financially capable young adults. A mapping of essential personal finance concepts and skills against the Common Core State Standards as well as additional tasks and texts will be available at http://www.moneyasyoulearn.org. Solution 1. Here is one solution: 4 dollars and 4 Quarters will work: 25¢ +25¢ + 25¢ + 25¢ = 100¢ 100¢ = \$1

\$4 + \$1 = \$5 Here is another: 2 dollars, 8 quarters, 5 dimes, 9 nickels, 5 pennies 4 quarters makes one dollar, so 8 quarters makes 2 dollars. 5 dimes is 5 tens: 10¢ +10¢ + 10¢ + 10¢ + 10¢ = 50¢ 9 nickels is 9 fives: 5¢ +5¢ +5¢ +5¢ +5¢ +5¢ +5¢ +5¢ +5¢ = 45¢ 5 pennies is 5¢ 45¢ + 5¢ = 50¢ 50¢ + 50¢ = 100¢ = \$1

\$2 + \$2 + \$1 = \$5

2. Amy cannot use the leftover tokens at the grocery store because they will not accept them.
3. If Amy has 4 leftover tokens, she could exchange them for 60¢.

15¢ + 15¢ + 15¢ + 15¢= 60¢

In principle, Amy could use this money to buy something at the grocery store because grocery stores accept money. Of course, \$0.60 won't buy much at the store these days.