Add money amounts - word problems

Learning Objectives Identify the money amounts given in a word problem. Set up a vertical addition problem with two or more money amounts, correctly aligning the decimal points. Add money amounts, including problems that require regrouping (carrying over) from cents to dollars. Solve one-step word problems that require adding money. Solve two-step word problems that require adding three or more money amounts. Write the final sum using the correct notation, including a dollar sign ($) and a decimal point (.). If you bought a yummy cookie for $1.25 and a cold juice box for $1.50, how much would you need to pay? 🍪 Today, we will become money math wizards! We will learn how to read story problems to find the important numbers, add them together correctly, and find the total co...

TermDefinitionExample Word ProblemA math question that is written as a short story. It tells you what is happening and asks you to find an answer.Mia has $2.50. Her dad gives her $3.00 more. How much money does Mia have now? Total / SumThe answer you get when you add numbers together. In money problems, it's the full amount you have or need to pay.The sum of $1.00 and $2.00 is $3.00. Decimal Point (.)The small dot in a money amount that separates the whole dollars from the cents.In the amount $5.75, the decimal point is between the 5 (dollars) and the 75 (cents). Aligning DecimalsPlacing numbers one on top of the other so that their decimal points are in a straight vertical line.To add $12.50 and $3.75, you write it so the decimal points are lined up: $12.50 + $3.75 Regrouping (in M...

Line Up The Dots Always align the decimal points vertically. When you write a money addition problem, make sure the decimal points are stacked directly on top of each other. This ensures you are adding cents to cents and dollars to dollars. Add Cents First Start adding on the right side (the cents). Just like with regular addition, you begin with the numbers on the far right. Add the cents together before you move on to the dollars. The 100 Cents Rule If total cents \ge 100, regroup to dollars. Since 100 cents equals 1 dollar, you can't have 100 or more in the cents column. If your cents add up to, for example, 145, that becomes 1 dollar and 45 cents. You write down '45' in the cents column and carry the '1' over to the dollars column.