Math Example--Math of Money--Labor, Income, and Expenses--Example 6

Topic

The Math of Money

Description

The image shows an example where repainting a living room requires three cans of paint and four brushes. The cost of each can is $8, and each brush costs $3. A grid is used to count the subtotals, with boxes for $8 and $3 amounts, totaling $36. This example illustrates Example 6: Repainting the living room will take three cans of paint. Each can costs $8. It will also take four brushes. each brush costs $3. What is the total cost of the paint and brushes? Solution: 1. Use a grid to count the number of $8 and $3 amounts. 2. Count by 8s and 3s to find the subtotals. Total cost: $36.

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. Repainting the living room will take three cans of paint. Each can costs $8. It will also take four brushes. Each brush costs $3. What is the total cost of the paint and brushes? Solution: 1. Use a grid to count the number of $8 and $3 amounts. 2. Count by 8s and 3s to find the subtotals. Total cost: $36. 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.