Understanding Money: Dollar Bills, Quarters, Dimes, Nickels, and Pennies

1. How do you count money using dollar and cent signs?

To count money, you use the dollar sign ($) for dollars and the cent sign (¢) for cents. For example, $1.25 means one dollar and twenty-five cents, while 50¢ means fifty cents. When adding amounts, always align the decimal points to ensure accuracy.

2. What are star notes, and why shouldn't you spend rare dollar bills?

Star notes are replacement bills printed by the U.S. Bureau of Engraving and Printing to replace damaged or misprinted currency. They have a star symbol at the end of the serial number. Rare dollar bills, including certain star notes, can be valuable to collectors, so spending them might mean losing out on their higher worth.

3. How do you convert cents to dollars in math?

To convert cents to dollars, divide the number of cents by 100, since 100 cents equal 1 dollar. For example, 326 cents ÷ 100 = $3.26. This conversion helps simplify money calculations and ensures proper use of dollar and cent notation.