Contributor: Samantha Penna. Lesson ID: 11674
Money is used to buy things. Some money is paper, some is coins. Different coins can buy different things. What are nickels worth and how do you add them up? Get your coloring materials and find out!
What kind of coin do you see above? How do you spell it and what can you do with it?
In the previous Related Lesson in our Money series, found in the right-hand sidebar, you learned about pennies.
This lesson is all about nickels! Do you know who's on the front of the nickel and what monument is on the back of the nickel? Share your answers with your parent or teacher.
Thomas Jefferson is the president that is on the front of the nickel. Thomas Jefferson is on the nickel because he was the third president, and he helped the United States create our money system. Monticello, Thomas Jefferson's home in Virginia, is on the back of the nickel.
Just like a penny, nickels are money, too! Nickels are worth five cents. You can write five cents in many ways. Look at the different ways you can write five cents:
All nickels are worth five cents. If you take multiple nickels and add them together, you add by fives. For example, if you had two nickels, you would add 5 plus 5, and this equals 10. Look at some ways nickels are added up below:
If you wanted to make a dollar using only nickels, you would need twenty nickels. There are twenty nickels in a dollar because you would need 5 cents times 20 to create one hundred (100) cents.
You are doing such a great job, can you tell your parent or teacher how much the group of nickels below is worth?
Did you say the nickels above are worth twenty five cents ($0.25 or 25¢)?
Excellent work! You are ready to move on to the Got It? section, where you will be figuring out the values of groups of nickels.