Assessment: Gauging Students' Understanding of Money Accounts (Dollars, Dimes, and Pennies)

Objective:
Students will be able to solve word problems involving dollar bills, dimes, and pennies, using $ and ¢ symbols appropriately.

Word Problem Solving

Instructions: Read the following word problems aloud to the students. Ask them to solve the problems and explain how they arrived at their answers. Encourage them to use manipulatives or drawings if needed.

  1. Problem 1:
    You have 3 dimes and 2 pennies. How much money do you have?
    (Expected Response: 3 dimes = 30¢, 2 pennies = 2¢. Total: 30¢ + 2¢ = 32¢)

  2. Problem 2:
    If you have 1 dollar and 2 dimes, how much money do you have?
    (Expected Response: 1 dollar = $1, 2 dimes = 20¢. Total: $1 + 20¢ = $1.20)

  3. Problem 3:
    You have 5 pennies, 2 dimes, and 1 nickel. How much money do you have?
    (Expected Response: 5 pennies = 5¢, 2 dimes = 20¢, 1 nickel = 5¢. Total: 5¢ + 20¢ + 5¢ = 30¢)

Visual and Symbol Representation

Instructions: Show the students pictures of different coins (pennies, dimes, and dollar bills). Ask them to count the money and write the amount using the appropriate symbols ($ and ¢).

  1. Problem 4:
    Look at the picture. How much money is shown?
    Picture: 1 dime, 1 penny, and 1 nickel.
    (Expected Response: 1 dime = 10¢, 1 penny = 1¢, 1 nickel = 5¢. Total: 10¢ + 1¢ + 5¢ = 16¢)

 Explanation of Strategy

Instructions: Ask the students to explain how they would solve the following problem. Look for their ability to explain the strategy used to find the total amount.

  1. Problem 5:
    If you have 67 cents and 45 cents, how would you find the total amount?
    (Expected Response: Break down 67¢ into 1 dime (10¢), 1 nickel (5¢), and pennies. Break down 45¢ into 4 dimes (40¢) and 5 pennies. Then, combine the two amounts: 67¢ + 45¢ = 112¢, or $1.12.)

 Reflection and Check for Understanding

Instructions: Ask the students to reflect on the lesson by answering a few questions.

  1. Problem 6:
    Can you tell me how to find the total of 1 dollar, 2 dimes, and 3 pennies?
    (Expected Response: 1 dollar = $1, 2 dimes = 20¢, 3 pennies = 3¢. Total: $1.23)

  2. Problem 7:
    Explain why it is important to use the symbols $ and ¢ when writing about money.
    (Expected Response: The dollar sign ($) shows how much money you have in dollars, and the cent sign (¢) shows how much you have in cents.)

Create Your Own Website With Webador