Value of a penny: 1 cent Value of a nickel: 5 cents Value of a dime: 10 cents Value of a quarter: 25 cents Value of a half dollar: 50 cents Value of a dollar coin: 100 cents, or $1 Cents in a dollar: 100 Pennies in a nickel: 5 Nickels in a dime: 2 Value of 2 dimes and a nickel: 25 cents, the same as a quarter Quarters in a dollar: 4 Dimes in a dollar: 10 Nickels in a dollar: 20 Pennies in a dollar: 100 Quarters in $5: 20 Total of 2 quarters and 1 dime: 60 cents Total of 3 dimes and 2 nickels: 40 cents Total of 1 quarter, 1 dime, 1 nickel: 40 cents Total of 4 dimes and 3 pennies: 43 cents Fewest coins for 41 cents: 1 quarter, 1 dime, 1 nickel, 1 penny Fewest coins for 30 cents: 1 quarter and 1 nickel Fewest coins for 65 cents: 2 quarters, 1 dime, 1 nickel Common bills in US money: $1, $2, $5, $10, $20, $50, $100 Change from $5 for a $3.50 purchase: $1.50 Change from $10 for a $6.25 purchase: $3.75 Change from $20 for a $13.80 purchase: $6.20 Change from a dollar for 35 cents: 65 cents Counting up to make change: Start at the price and count up to the amount paid Write 7 dollars and 5 cents with a dollar sign: $7.05 Write 275 cents in dollars: $2.75 Write $0.08 in cents: 8 cents Cost of 3 items at $1.25 each: $3.75 Cost of 4 items at $2.50 each: $10.00 Unit price: The cost for one unit, such as one ounce or one item Better buy: 6 for $3 or 10 for $4.50: 10 for $4.50 (45 cents each vs 50 cents each) Sales tax: A percent of the price added at the register Total with 10% tax on $20: $22 Total with 5% tax on $40: $42 Tip of 20% on $30: $6 Tip of 15% on $40: $6 Quick 10% of a price: Move the decimal one place left 20% off a $50 item: Pay $40 25% off a $60 item: Pay $45 50% off a $18 item: Pay $9 Discount: An amount taken off the price Profit: Money earned minus money spent Revenue: Money coming in from sales Budget: A plan for how to spend and save money Income: Money you receive Expense: Money you spend Savings: Money set aside for later Interest: Money paid for using money, or earned on savings Simple interest on $100 at 5% for 2 years: $10 Compound interest: Interest earned on both the original amount and past interest Principal: The starting amount of a loan or deposit Allowance saved: $4 a week for 6 weeks: $24 Need vs. want: A need is required to live; a want is nice to have Wage: Pay for work, often per hour Pay for 8 hours at $12 per hour: $96 Salary: Fixed pay per year, not by the hour Exchange rate: How much of one currency equals another Currency: The money used in a country Check vs. cash: A check is a written order for the bank to pay; cash is physical money Free flashcards from Peabody at peabody.kids/flashcards/math-money