Our Add and Subtract Money lesson plan teaches students how to add and subtract the decimal form of money. This lesson plan reinforces vocabulary and demonstrates how to convert money to a decimal form, and add and subtract the decimal amounts. Students are asked to use their creativity to create a menu based on real prices in their favorite restaurant and add together how much a meal for themselves and a friend would cost. Students are also asked to identify the numerical value of various coins and paper money and add them together or subtract them.
At the end of the lesson, students will be able to convert money to a decimal form, and add and subtract the decimal amounts.