Calculating Cash

Worksheet Description

This worksheet, titled “Calculating Cash – The Rounding Shopper’s Guide,” presents students with real-life scenarios where individuals are spending money on various items. Students are tasked with rounding the amounts of money involved to the nearest dollar to simplify the arithmetic before calculating the remaining balance. Each problem is a mini-case study requiring the student to apply both rounding and subtraction to arrive at the answer. The worksheet guides students through a systematic approach to each problem, providing a practical context for math skills.

The worksheet is designed to teach students how to use rounding as a tool for simplifying financial calculations, such as determining how much money remains after a purchase. It introduces the students to basic budgeting skills by involving them in everyday shopping situations. This activity also aims to enhance students’ numerical fluency and strengthen their understanding of the value of money. Through this exercise, students are learning to make quick and efficient financial decisions, a necessary skill for financial literacy.