Video: Converting Money in a Real-World Context

Natalie has 5 nickels, 3 quarters, 2 dimes, and 6 pennies. How much money does she have? Use the dollar sign, $, to write the answer.

02:58

Video Transcript

Natalie has five nickels, three quarters, two dimes, and six pennies. How much money does she have? Use the dollar sign to write the answer.

To solve this problem, we’ll need to think about the coin values. Natalie has five nickels, three quarters, two dimes, and six pennies. Starting with the pennies that Natalie had, we would multiply this six pennies times one cent per penny. That equals six cents. Natalie had five nickels and each nickel is worth five cents. By multiplying five times five, we can find out how much money she had in nickels. 25 cents. Two dimes times 10 cents per dime equals 20 cents and three times 25 cents equals 75 cents.

But remember our question wants us to use the dollar sign. So we need to convert each of these cents to dollars. Writing six cents with the dollar sign looks like this: dollar sign 0.06, 25 cents would look like this: 0.25, 20 cents: 0.20, and finally, 75 cents: 0.75.

And then, we need to add these all together. Starting all the way on the right, six plus five is 11 plus five equals 16. We write down our six and carry our one. Now moving one place value to the left, we can add one plus two is three plus two is five. Five plus seven equals 12. Write down the two from the 12 and carry over the one. Now, we’re at the units place and we only have a one. So we bring it all the way down and then we copy the dollar sign.

By adding up all the coin values, we find that Natalie had one dollar and 26 cents.

Nagwa uses cookies to ensure you get the best experience on our website. Learn more about our Privacy Policy.