Money Word Problems

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Standard: UW. 3.M.MD.A.01b Solve word problems
involving money through $20.00, using symbols $,

“.”, ¢. The Highly Proficient student can solve a
two-step word problem involving money through

$20.00.

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Essential Questions

1. What is a word problem? How do use strategies

to solve word problems in solving money?

2. What does the decimal point represent when
using money? How can you use it appropriately

when adding and subtracting money?

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Objective

Today we will solve two-step

money word problems

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AnTicIPatORy Set

Spot The Mistake

$ 14 . 00

- 7. 50

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AnTicIPatORy Set

Spot The Mistake

$ 14 . 00

- 7. 50

When working with
money, line up the
decimal to avoid

mistakes

I Do…

Solving money word problems

I have $12.50 in my Piggy banK. I earn

$5.50 foR washing the dishes and $2.00
for taking out the trash. How much

money do I have in all?

I Do…

SolVInG moNEy WorD pRobLEmS

I haVE $12.50 in My PigGy BanK. I eArN

$5.50 foR wAShiNg The DIsHes ANd $2.00
foR tAKinG Out The TrASh. How MUcH

moNEy Do I haVE in ALl?

Determine
Important
information

Determine

Important

information

I Do…

SolVInG moNEy WorD pRobLEmS

I haVE $12.50 in My PigGy BanK. I eArN

$5.50 foR wAShiNg The DIsHes ANd $2.00
foR tAKinG Out The TrASh. How MUcH

moNEy Do I haVE in ALl?

What is the problem
asking you to do?

I Do…

SolVInG moNEy WorD pRobLEmS

I haVE $20 to SpENd aT tHe sTOre. I buY

a T-sHirT foR $6.75 anD A boOK foR

$7.77. How MUcH moNEy Do I haVE leFt?

I Do…

SolVInG moNEy WorD pRobLEmS

I haVE $20 to SpENd aT tHe sTOre. I buY

a T-sHirT foR $6.75 anD A boOK foR

$7.77. How MUcH moNEy Do I haVE leFt?

What is the problem
asking you to do?

We Do….

Let's read the problem together

Solve on your white board

Then we will check together

On Wednesday I earned $17 mowing lawns. On Thursday, I

made twice as much money. How much money do I have in all?

We Do….

Let's read the problem together

Solve on your white board

Then we will check together

For my birthday I got $15, I already had $6.75. I took my money
to the store and bought a video game that cost me $17.25. How

much money do I have now?

We Do….

Let's read the problem together

Solve on your white board

Then we will check together

I bought 4 packs of baseball cards, each pack cost me $4. I paid

with a twenty dollar bill. How much money do I have left?