Module 5: Money and Decimal Operations - Course Guide

Module Overview:

In this module students will learn about adding decimals, how to subtract decimals, and subtracting decimals with values in the thousandth place. Students will learn about writing money as a decimal, how to add and subtract money, how to convert between money and fractions, and will use their knowledge about manipulating money as decimals to solve real-world problems. Students will learn how to multiply decimals up to the hundredth place, the thousandths place, and how to divide decimals up to the hundredth place and thousandth place.

Module Materials:

Lesson # Lesson Title Material(s)
1 Decimal Addition None
2 Decimal Subtraction None
3 Decimal Subtraction: Thousandths Place None
4 Decimals: Money None
5 Adding and Subtracting Money scissors;
6 Converting Money to Fractions None
7 Money Word Problems None
8 Multiplying Hundredths-Place Decimals None
9 Multiplying Thousandths-Place Decimals None
10 Dividing Hundredths-Place Decimals None
11 Dividing Thousandths-Place Decimals None

Module Objectives:

Lesson # Lesson Title Objective(s)
1 Decimal Addition
  1. Add decimals to the hundredths.
2 Decimal Subtraction
  1. Subtract decimals to the hundredths.
3 Decimal Subtraction: Thousandths Place
  1. Subtract decimals to the thousandths.
4 Decimals: Money
  1. Write dollars and cents as decimals.
  2. Explain the difference between gross income and net income.
5 Adding and Subtracting Money
  1. Add and subtract money.
  2. Identify the advantages and disadvantages of different methods of payment, including check, credit card, debit card, and electronic payments.
  3. Develop a system for keeping and using financial records.
  4. Describe actions that might be taken to balance a budget when expenses exceed income.
  5. Balance a simple budget.
6 Converting Money to Fractions
  1. Convert decimals to fractions using money amounts.
7 Money Word Problems
  1. Apply decimal operations to real-world situations.
  2. Define income tax, payroll tax, sales tax, and property tax.
8 Multiplying Hundredths-Place Decimals
  1. Multiply decimals to the hundredths.
9 Multiplying Thousandths-Place Decimals
  1. Multiply decimals to the thousandths.
10 Dividing Hundredths-Place Decimals
  1. Divide decimals to the hundredths place.
11 Dividing Thousandths-Place Decimals
  1. Divide decimals to the thousandths place.

Module Key Words:

Key Words
decimals
place value
vertical
decimal point
tenths
hundredths
sum
subtraction
thousandths
money
cents
dollars
gross income
net income
paycheck
deductions
addition
credit card
debit card
electronic payments
budget
income
expenses
fraction
numerator
denominator
decimal
income tax
payroll tax
sales tax
property tax
multiplication
hundredths dividend
division
dividend

Module Assignments:

Lesson # Lesson Title Page # Assignment Title
6 Converting Money to Fractions 5 Assignment
9 Multiplying Thousandths-Place Decimals 9 Assignment
11 Dividing Thousandths-Place Decimals 5 Assignment

Learning Coach Notes:

Lesson # Lesson Title Notes
1 Decimal Addition In their Math notebook, have your student write the steps to add decimals learned from the lesson.
2 Decimal Subtraction In their Math notebook, have your student write the steps to subtract decimals.
3 Decimal Subtraction: Thousandths Place In their Math Notebook, have your student write the steps to subtract thousandths.
4 Decimals: Money
5 Adding and Subtracting Money
6 Converting Money to Fractions In their Math notebook, have your student explain how to convert money to fractions.
7 Money Word Problems
8 Multiplying Hundredths-Place Decimals In their Math notebook, have your student write the steps to multiplying decimals up to the hundredths place.
9 Multiplying Thousandths-Place Decimals In their Math notebook, have your student describe the steps to multiplying decimals in the thousandths place.
10 Dividing Hundredths-Place Decimals In their Math notebook, have your student write the steps to dividing decimals that they learned about in this lesson.
11 Dividing Thousandths-Place Decimals In their Math notebook, have your student write the steps to dividing decimals with thousandths.

Module Guiding Questions:

When a student starts a lesson ask them questions to check for prior knowledge and understanding and to review concepts being taught. At the end of the lesson ask the questions again to see if their answer changes.

Lesson Title Question
Decimal Addition
  1. Why is place value important?
  2. How do you add decimals?
  3. How do you regroup with decimals?
Decimal Subtraction
  1. How do you subtract decimals?
  2. What steps do you use when subtracting decimals?
  3. How do you subtract decimals from whole numbers?
Decimal Subtraction: Thousandths Place
  1. How do you subtract decimals with digits in the thousandths place?
Decimals: Money
  1. How do you represent money with decimals?
  2. How do you write an amount of money using decimals?
  3. How do you record amounts of change with no whole dollars?
Adding and Subtracting Money
  1. How do you add and subtract money?
Converting Money to Fractions
  1. How do you represent money with fractions?
  2. How do you represent change with fractions?
  3. How do you represent whole dollars and cents as fractions?
Money Word Problems
  1. What strategies are useful for solving word problems?
Multiplying Hundredths-Place Decimals
  1. What are the steps for multiplying decimals to the hundredths place?
Multiplying Thousandths-Place Decimals
  1. What are the steps to multiplying decimals in the thousandths place?
  2. How can you estimate with decimals?
Dividing Hundredths-Place Decimals
  1. What are the steps for dividing decimals to the hundredths place?
Dividing Thousandths-Place Decimals
  1. What are the steps for dividing decimals to the thousandths place?

Module Video Questions:

When a student watches a video take time to ask them questions about what they watched. Suggested questions for the videos in this module are listed here. Suggestion: Have the student watch the entire video first all the way through. Then have them watch the video a second time, as they watch it pause the video and ask the questions.

Lesson Title Video Question
Decimal Addition Decimal Addition
  1. How do you add decimals?
Decimal Subtraction Subtracting Decimals
  1. How do you subtract decimals?
Decimal Subtraction: Thousandths Place Decimal Subtraction: Thousandths Place
  1. How do you subtract decimals with digits in the thousandths place?
Decimals: Money Decimals: Money
  1. How do you represent money with decimals?
Adding and Subtracting Money Adding and Subtracting Money
  1. How do you add and subtract money?
Converting Money to Fractions Converting Money to Fractions
  1. How can you convert money to fractions?
Money Word Problems Money Word Problems
  1. What strategies are useful for solving word problems?
Multiplying Hundredths-Place Decimals Multiplying Hundredths-Place Decimals
  1. How do you multiply decimals to the hundredths?
Multiplying Thousandths-Place Decimals Multiplying Thousandths-Place Decimals
  1. How do you multiply thousandths?
Dividing Hundredths-Place Decimals Dividing Hundredths-Place Decimals
  1. How do you divide decimals to the hundredths place?
Dividing Thousandths-Place Decimals Dividing Thousandths-Place Decimals
  1. How do you divide decimals to the thousandths place?
  2. How do you know where to place the decimal point in your quotient?

Module Suggested Read Aloud Books:

Take time to read to your student or have them read aloud to you. Read a different book each day. While reading the book point out concepts being taught. You may purchase these books or find them at your local library. Suggested things to discuss while reading the book:

  • What is the main idea?
  • What are three things new you learned?
  • How does this book relate to what you are learning about?

# Book Author Lexile Level

Module Outing:

Take some time to apply what your student is learning to the real world. Suggested outings are below.

# Outing