A **penny **equals 1 cent.

A penny is made of copper plated zinc. It is smaller in size than a nickel.

A **nickel **equals 5 cents.

A nickel is made of nickel and copper. It is larger in size than the

penny.

A **dime **equals 10 cents.

A dime is made of nickel and copper. It is smaller in size than the

penny.

A **quarter **equals 25 cents.

A quarter is made of nickel and copper. It is larger in size than

the nickel.

This section will cover the fundamentals and rules of counting money.

The cent is written as the following: $0.50 1 cent 75 cents

The dollar sign ($) is placed before every written dollar amount. A decimal point separates the dollar amount from the cent amount.

$5.00 $2.75 $25.64

A **half dollar** equals 50 cents.

A half dollar is made of nickel and copper. It is larger in size

than the quarter.

A **Presidential $1 Coin** equals 1 dollar.

A Presidential Coin dollar is made of magnesium and brass. It is smaller in size than the half dollar and larger than the quarter.

The denominations of our currency are $1, $2, $5, $10, $20, $50, and $100. These

denominations are also known as banknotes or bills.

Counting money is similar to counting other individual items except for some of the bills and coins have values that are greater than one.

For bills and coins that have a value of one, such as the one-dollar bill and the penny, each will be counted as one.

A penny = 1 cent

A nickel = 5 cents

A dime = 10 cents

Start with the largest value.

$0.10 + $0.05 + $0.01 + $0.01 = **$0.17**

$0.25 + $0.25 + $0.10 + $0.05 + $0.01 + $0.01 + $0.01 = **$0.68**

$20.00 + $10.00 + $10.00 + $5.00 + $1.00 + $0.25 + $0.10 + $0.10 + $0.05 + $0.01 =

Hint: The value of the denominations is written on each bill.

Find the amount of change you would receive from a cashier after making a purchase.

Let's look at our total amount again. $8.**73**

The cent amount is shown in **boldface**. How much more will it take to round to the nearest dollar?

$1.00 - $0.73 = $0.**27**

Now that we've created a whole dollar, subtract this number from ten dollars.

The answer is correct.

Let's look at our total amount again. $16**.84**

How much more will it take to round to the nearest dollar?

$1.00 - $0.84 = **$0.16**

Now that you've created a whole dollar, subtract this number from twenty dollars.

The answer is correct.