Grade 5 › G5U01 Place Value

Grade 5 › G5U01 Place Value › L5
GRADE 5 · ALBERTAOUTCOME AB-G5-5N1

L5 · Money and decimal notation: clinic

Learning goal

“I can read, write, compare, order, and round money amounts in decimal notation - dollars and cents - converting between cents and dollars and using place value to keep every digit honest.”

Cent — one hundredth of a dollar: $0.01. The hundredths place in a money amount counts cents.
Decimal notation — writing money (or any quantity) as a decimal number: 375 cents in decimal notation is $3.75.
Amount in words — the way an amount is written on a cheque: "two thousand four hundred six dollars and thirty-five cents."
Nearest dollar — rounding a money amount to whole dollars, the precision a flyer or a budget usually needs.
Worked example

Write "two thousand four hundred six dollars and thirty-five cents" in decimal notation. Step 1 (dollars first): 2,406 dollars -> 2,406. Step 2 (cents become hundredths): 35 cents = 35 hundredths of a dollar -> .35. Step 3 (join): $2,406.35. Now the trap twin: 4 dollars and 7 cents is $4.07, NOT $4.7. Seven cents is 7 hundredths ($0.07); $4.7 is $4.70 - seventy cents. The zero in $4.07 is not decoration; it pushes the 7 into the hundredths place where cents live. Converting the other way: cents / 100 gives dollars - 1,250 cents = $12.50.

Check yourself — explain it

$4.07 and $4.70 differ because...

Paired problem — example still visible

Write in decimal notation: 9 dollars and 3 cents -> $9.03

Faded completion — last step is yours

"850 cents = 850 / 100 = ___ dollars, written $___" -> 8.50

Ready to practise?

10 scored questions with a 3-rung hint ladder. Mastery needs 8/10 plus both gate questions.

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