Learn on PengiSaxon Math, Intermediate 4Chapter 4: Lessons 31–40, Investigation 4

Lesson 36: Fractions of a Dollar

In Saxon Math Intermediate 4, Grade 4 students learn to express coin values as fractions of a dollar, understanding that pennies represent 1/100, dimes represent 1/10, and quarters represent 1/4 of a dollar. The lesson also introduces students to writing these fractional amounts using dollar sign and decimal notation, such as expressing 3/10 of a dollar as $0.30. An applied problem-solving component teaches students to find all possible combinations of coins using organized lists.

Section 1

📘 Fractions of a Dollar

New Concept

We may describe part of a dollar by using a fraction or by using a dollar sign and decimal point.

What’s next

Next, you'll practice converting various coin amounts into their equivalent fraction and decimal forms to master this core idea.

Section 2

Coins as fractions of a dollar

Property

Since 100 pennies equals one dollar, each penny is 1100\frac{1}{100} of a dollar. Likewise, since 20 nickels equals a dollar, each nickel is 120\frac{1}{20} of a dollar. A dime is 110\frac{1}{10} of a dollar and a quarter is 14\frac{1}{4} of a dollar.

Example

a. Three pennies are what fraction of a dollar? One penny is 1100\frac{1}{100}, so three pennies are 3100\frac{3}{100} of a dollar.
b. Three dimes are what fraction of a dollar? One dime is 110\frac{1}{10}, so three dimes are 310\frac{3}{10} of a dollar.
c. Three nickels are what fraction of a dollar? One nickel is 5100\frac{5}{100}, so three nickels are 15100\frac{15}{100} of a dollar.

Explanation

Think of a whole dollar as a pizza with 100 slices. A coin's fraction is just its value in cents over 100. A dime is 10 cents, so it's the fraction 10100\frac{10}{100}, which simplifies to 110\frac{1}{10} of the whole dollar pizza! This helps us see how much of a dollar we really have.

Section 3

From fractions to decimals

Property

We may describe part of a dollar by using a fraction or by using a dollar sign and decimal point. For example, 14\frac{1}{4} of a dollar is the same as 0.25 dollars, and 310\frac{3}{10} of a dollar is the same as 0.30 dollars.

Example

a. The value of seven pennies, or 7100\frac{7}{100} of a dollar, is written as 0.07 dollars.
b. A quarter is 14\frac{1}{4} of a dollar, which is the same as 25 cents, written as 0.25 dollars.
c. The value of three quarters, or 34\frac{3}{4} of a dollar, is written as 0.75 dollars.

Explanation

Writing money as a decimal is super handy for calculators and cash registers. The fraction tells you the relationship, but the decimal tells you the exact amount in a way everyone understands instantly. Think of the decimal point as the separator between whole dollars on the left and leftover cents on the right.

Section 4

Combination

Property

A combination is a selection of items from a set where the order of selection does not matter. Thus, listing a penny and a nickel is the same combination as listing a nickel and a penny.

Example

a. With a penny, nickel, and dime, the possible combinations of two coins are: penny-nickel, penny-dime, and nickel-dime.
b. From a penny, nickel, dime, and quarter, the combinations of three coins are: penny-nickel-dime, penny-nickel-quarter, penny-dime-quarter, and nickel-dime-quarter.

Explanation

A combination is just a fancy word for a group of things. It's all about what you have, not the order you picked them in. If you have a scoop of chocolate and vanilla ice cream, it's the same delicious combination whether they put the chocolate or the vanilla in the bowl first!

Book overview

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Chapter 4: Lessons 31–40, Investigation 4

  1. Lesson 1

    Lesson 31: Word Problems About Comparing

  2. Lesson 2

    Lesson 32: Multiplication Facts: 9s, 10s, 11s, 12s

  3. Lesson 3

    Lesson 33: Writing Numbers Through Hundred Thousands

  4. Lesson 4

    Lesson 34: Writing Numbers Through Hundred Millions

  5. Lesson 5

    Lesson 35: Naming Mixed Numbers and Money

  6. Lesson 6Current

    Lesson 36: Fractions of a Dollar

  7. Lesson 7

    Lesson 37: Reading Fractions and Mixed Numbers from a Number Line

  8. Lesson 8

    Lesson 38: Multiplication Facts (Memory Group)

  9. Lesson 9

    Lesson 39: Reading an Inch Scale to the Nearest Fourth, Activity Make a Ruler and Measure

  10. Lesson 10

    Lesson 40: Capacity

  11. Lesson 11

    Investigation 4A: Tenths and Hundredths

  12. Lesson 12

    Investigation 4B: Relating Fractions and Decimals

Lesson overview

Expand to review the lesson summary and core properties.

Expand

Section 1

📘 Fractions of a Dollar

New Concept

We may describe part of a dollar by using a fraction or by using a dollar sign and decimal point.

What’s next

Next, you'll practice converting various coin amounts into their equivalent fraction and decimal forms to master this core idea.

Section 2

Coins as fractions of a dollar

Property

Since 100 pennies equals one dollar, each penny is 1100\frac{1}{100} of a dollar. Likewise, since 20 nickels equals a dollar, each nickel is 120\frac{1}{20} of a dollar. A dime is 110\frac{1}{10} of a dollar and a quarter is 14\frac{1}{4} of a dollar.

Example

a. Three pennies are what fraction of a dollar? One penny is 1100\frac{1}{100}, so three pennies are 3100\frac{3}{100} of a dollar.
b. Three dimes are what fraction of a dollar? One dime is 110\frac{1}{10}, so three dimes are 310\frac{3}{10} of a dollar.
c. Three nickels are what fraction of a dollar? One nickel is 5100\frac{5}{100}, so three nickels are 15100\frac{15}{100} of a dollar.

Explanation

Think of a whole dollar as a pizza with 100 slices. A coin's fraction is just its value in cents over 100. A dime is 10 cents, so it's the fraction 10100\frac{10}{100}, which simplifies to 110\frac{1}{10} of the whole dollar pizza! This helps us see how much of a dollar we really have.

Section 3

From fractions to decimals

Property

We may describe part of a dollar by using a fraction or by using a dollar sign and decimal point. For example, 14\frac{1}{4} of a dollar is the same as 0.25 dollars, and 310\frac{3}{10} of a dollar is the same as 0.30 dollars.

Example

a. The value of seven pennies, or 7100\frac{7}{100} of a dollar, is written as 0.07 dollars.
b. A quarter is 14\frac{1}{4} of a dollar, which is the same as 25 cents, written as 0.25 dollars.
c. The value of three quarters, or 34\frac{3}{4} of a dollar, is written as 0.75 dollars.

Explanation

Writing money as a decimal is super handy for calculators and cash registers. The fraction tells you the relationship, but the decimal tells you the exact amount in a way everyone understands instantly. Think of the decimal point as the separator between whole dollars on the left and leftover cents on the right.

Section 4

Combination

Property

A combination is a selection of items from a set where the order of selection does not matter. Thus, listing a penny and a nickel is the same combination as listing a nickel and a penny.

Example

a. With a penny, nickel, and dime, the possible combinations of two coins are: penny-nickel, penny-dime, and nickel-dime.
b. From a penny, nickel, dime, and quarter, the combinations of three coins are: penny-nickel-dime, penny-nickel-quarter, penny-dime-quarter, and nickel-dime-quarter.

Explanation

A combination is just a fancy word for a group of things. It's all about what you have, not the order you picked them in. If you have a scoop of chocolate and vanilla ice cream, it's the same delicious combination whether they put the chocolate or the vanilla in the bowl first!

Book overview

Jump across lessons in the current chapter without opening the full course modal.

Continue this chapter

Chapter 4: Lessons 31–40, Investigation 4

  1. Lesson 1

    Lesson 31: Word Problems About Comparing

  2. Lesson 2

    Lesson 32: Multiplication Facts: 9s, 10s, 11s, 12s

  3. Lesson 3

    Lesson 33: Writing Numbers Through Hundred Thousands

  4. Lesson 4

    Lesson 34: Writing Numbers Through Hundred Millions

  5. Lesson 5

    Lesson 35: Naming Mixed Numbers and Money

  6. Lesson 6Current

    Lesson 36: Fractions of a Dollar

  7. Lesson 7

    Lesson 37: Reading Fractions and Mixed Numbers from a Number Line

  8. Lesson 8

    Lesson 38: Multiplication Facts (Memory Group)

  9. Lesson 9

    Lesson 39: Reading an Inch Scale to the Nearest Fourth, Activity Make a Ruler and Measure

  10. Lesson 10

    Lesson 40: Capacity

  11. Lesson 11

    Investigation 4A: Tenths and Hundredths

  12. Lesson 12

    Investigation 4B: Relating Fractions and Decimals