Display Title
Math Example--Math of Money--Labor, Income, and Expenses--Example 4
Display Title
Math Example--Math of Money--Labor, Income, and Expenses--Example 4
Topic
The Math of Money
Description
The image shows a man with a wheelbarrow full of tomatoes. A grid below shows eight $20 portions, each representing one wheelbarrow full of tomatoes sold for $20 each. This example illustrates Example 4: a home gardener sells eight wheelbarrows full of tomatoes at $20 per wheelbarrow. The total money made is $160. The solution uses a grid to count eight $20 amounts and calculates that 8 x $20 = $160.
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. A home gardener sells eight wheelbarrows full of tomatoes at $20 per wheelbarrow. The total money made is $160. The solution uses a grid to count eight $20 amounts and calculates that 8 x $20 = $160. 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 |
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Grade Range | 2 - 3 |
Curriculum Nodes |
Arithmetic • Measurement • Working with Money |
Copyright Year | 2020 |
Keywords | labor, income, expenses, business math, math of money |