Display Title

Math Example--Math of Money--Labor, Income, and Expenses--Example 3

Math Example--Math of Money--Labor, Income, and Expenses--Example 3

Math Example Image

Topic

The Math of Money

Description

The image shows a wheelbarrow full of mulch and a garden bed. A grid below shows four $5 portions of mulch, each representing one wheelbarrow load of mulch needed for the garden bed. This example illustrates that it will take four wheelbarrows full of mulch to cover the garden bed, and each portion costs $5. The total cost for mulch is $20. The solution uses a grid to count four $5 amounts and calculates that 4 x $5 = $20.

The topic of The Math of Money involves practical examples of how mathematics is applied to everyday financial concepts, such as labor expenses, income calculations, and financial planning. The examples in this collection demonstrate real-world scenarios, providing students with relatable contexts to deepen their understanding.

Seeing multiple worked-out examples is crucial for students to fully grasp a concept. Each example reinforces understanding by highlighting different aspects of the topic, enabling students to build confidence and improve problem-solving skills.

Teacher Script: Let's analyze this example. It will take four wheelbarrows full of mulch to cover the garden bed, and each portion costs $5. The total cost for mulch is $20. The solution uses a grid to count four $5 amounts and calculates that 4 x $5 = $20. Observe the details carefully. This approach helps us break down the problem into manageable parts, leading to a better understanding of the process.

For a complete collection of math examples related to The Math of Money click on this link: Math Examples: Labor and Expenses Collection.

Common Core Standards CCSS.MATH.CONTENT.2.MD.C.8
Grade Range 2 - 3
Curriculum Nodes Arithmetic
    • Measurement
        • Working with Money
Copyright Year 2020
Keywords labor, income, expenses, business math, math of money