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Grade 3
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Grade 3

Mathematics

Unit 3: Time Is Money





Time Frame: Approximately four weeks





Unit Description



This unit focuses on the extension of time and money skills. Problem solving skills

including rounding, comparing and ordering measures with the same system are

developed as they apply to time and money.





Student Understandings



Students understand that working with time and money are important life skills. Coins

and bills can be used to make change. Telling time and using time intervals are essential

to solving real life problems.





Guiding Questions



1. In what ways can students recognize and make change from a given amount?

2. How can students convey the most accurate measurement of time?

3. What strategies do students use to solve real life problems involving time?

4. What strategies do students use to compare and order measures within the

same system?





Unit 3 Grade-Level Expectations (GLEs)



GLE GLE Text and Benchmarks

#

Number and Number Relations

10. Calculate the value of a combination of bills and coins and make change up to $5.00

(N-6-E) (M-1-E) (M-5-E)

http://www.hbschool.com/activity/counting_money/ This is practice

with pennies, nickels, and dimes. The student is given a group of coins

and must enter the amount. This site is good for review of counting

skills.

http://www.coe.uh.edu/archive/math/math_lessons/mathles3/tutor.htm

This is another good website for students that need to practice counting

coins. They can choose to work with pennies and nickels or pennies,

nickels, and dimes, etc.





Grade 3 MathematicsUnit 3Time Is Money 1

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http://www.mrnussbaum.com/cashout/index.html This website is great

for making change. For making change up to $5.00 you will need to

select Easy, No Hints, and No to showing change amount.



Students could use Word, PowerPoint, Paint, Kid Pix, etc. (any software

that allows you to insert pictures and text) to create word problems

involving money amounts and calculating change. One student writes

the word problem and another student inserts a picture of the item (if

applicable) and a number sentence to show the answer and how the

change is calculated. As an extension, students could use computer

calculators or handheld calculators to check their work. Have students

take turns writing and solving the word problems. (It is easy to find

coins and dollar bills on a website and copy the pictures to use as a

visual for this activity).



12. Round to the nearest 1000 and identify situations in which such rounding is appropriate

(N-7-E) (N-9-E)

Algebra

17. Analyze and describe situations where proportional trades or correspondences are

required (A-1-E)

Measurement

24. Find elapsed time involving hours and minutes, without regrouping, and tell time to the

nearest minute (M-1-E) (M-5-E)

www.shodor.org/interactivate/activities/clock3/index.html

This website allows students to see what is meant by

elapsed time. There are three levels of difficulty.

Also, you may click on the “See” button to illustrate the

elapsed time or the “Guess” button to calculate the

elapsed time. Click on “How” to find out more about how

to use the applet in your classroom.



Interactive Clock

http://www.time-for-time.com/swf/myclox.swf

Use this interactive clock to find out what happens when

you add or take away minutes and hours to the clock.



Time Story

http://www.fi.edu/time/Journey/JustInTime/story.html

This site lets students enter personal data to create a

story involving time. After the student enters their

data, the student will click on the button that says

26 “Write Story”. The computer will insert the personal data

into a story. Students can then use this story to

generate elapsed time questions and/or they can use it as

an example to write their own story involving elapsed

time. They can share the elapsed time questions generated





Grade 3 MathematicsUnit 3Time Is Money 2

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from their story for other students to solve.



Order a set of measures within the same system (M-3-E)



Sample Activities





Today’s Number:



In the Today’s Number routine, each day write a different number and display it in the

same spot. Until the end of September, use the calendar date as the daily number. After

that, use the number of school days in the year so far. Each day, have students generate

equations relating to that number. List the equations on the board near the number. Have

them choose one equation to write in a Today’s Number notebook or folder to refer to

throughout the year.





Activity 1: Catalog Shopping (GLE: 10)



Provide students with advertisements (the Sunday paper and catalogs are excellent

sources). Give students a category for shopping (e.g., school supplies, groceries, seasonal

items, etc.) and direct pairs of students to take turns playing customer and cashier. Give

students a variety of coins and bills for “shopping.” The customer has to “purchase”

combinations of items (not to exceed $5.00) and give the cashier the correct amount of

money. Occasionally, they should be limited to only one item giving the cashier a $5.00

bill and requesting change.



Variation: Use menus from local restaurants for students to “order” lunch. Some prices

on the menus may have to be adjusted to maintain the $5.00 maximum.





Activity 2: Coupon Savings (GLE: 10)



Provide students with a variety of grocery coupons. Collect coupons prior to the activity

or create some coupons to represent savings. Discuss with students how coupons help

consumers save money. Explain to students that they will be picking coupons that add up

to a certain amount. Working in pairs have each student record his/her findings. Have

play money available if students need to model the problems. Have students check using

calculators. Give students several scenarios to work with: Find and list coupons that add

up to exactly $4.50 but without using a $1.00 coupon. Find and list coupons that add up

to $5.00. Use only coupons for things you like to eat. Find and list coupons that add up to

$2. 75. Use only coupons for things you cannot eat. Then have students create their own

scenarios and list results. Use student-generated criteria in a center with coupons and play

money available.



Activity 3: Estimate Using Rounding (GLE: 12)







Grade 3 MathematicsUnit 3Time Is Money 3

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Ask the students if they can give examples of when knowing how to round numbers

might be helpful. For each example given, ask questions about whether or not rounding is

indeed appropriate or if the example really requires an exact answer. If the students

cannot give examples of when rounding is appropriate, tell them that numbers when only

a rough idea of an amount is needed. Following are some examples:

 If bananas cost 39¢ a pound, about how much money would you need to buy

three pounds. (39¢ is close to 40¢, so you know that you would need about

$1.20)

 If the third grade classes were planning an end of the year party, would three

bags of cookies (each containing 22 cookies) be enough to give each student 2

cookies? Class A has 19 students, Class B has 23, and Class C has 26

students? (No, because there would be only 66 cookies and 17 rounds to 20,

23 rounds to 20, and 26 rounds to 30 and that sum rounds to 70. This total is

greater than the 66 cookies from the three bags.)

 If you have $8.00 for the movie and the ticket costs $4.50, will you have

enough money for a $1.75 box of popcorn and a $1.00 soda? (Yes, because

$1.75 rounds to $2.00 and $2 plus $1 is $3. That plus the cost of the ticket is

$7.50, which is less than $8.00.)



To review rounding numbers, draw a number line on the board to show the numbers

between 600 and 700 in increments of 10. Draw a circle around 650. Call out a number

(between 600 and 700) and ask a student to make a dot where the number would be on

the number line. Give some round numbers (630) and some numbers that are not round

(632). Remind students that when rounding to the nearest 100, if the digit in the 10s place

is 0 to 4, they should round down. If the 10s digit is 5 to 9, they should round up. Repeat

this activity with a number line marked in increments of 100 between 2,000 and 3,000,

etc.



Ask the students to answer the following question: If I want to know if $1000 is enough

to buy a digital camera costing $389 and a video camera costing $599, do I need an exact

sum or an estimate? Since I only need to know whether 389 plus 599 is less than or equal

to 1000, an estimate is enough. If 389 rounds up to 400 and 599 rounds up to 600, the

total for both is 1000. Since 400 is greater than 389 and 600 is greater than 599, 1000 is

greater than the actual sum. So 1000 is an overestimate. I should have enough money.



Here is another example: You have $6.00. If you buy a pack of trading cards (you may

want to actually name whatever kind is popular) for $4.25, can you also buy a snack

totaling $2.50? Since you only need to know whether $6.00 minus $4.25 is greater than

or equal to $2.50, an estimate is enough. If you round $4.25 down to $4.00, then $6.00

minus $4.00 equals $2. Since $2.00 is less than $2.50, you won’t have enough money.





Activity 4: A Dollar Is a Dollar! (GLE: 17)









Grade 3 MathematicsUnit 3Time Is Money 4

5





Read the poem Smart by Shel Silverstein. Working in pairs, have students make

exchanges as they read the poem or as it is read aloud, recording the amount of each

exchange. Students may need play money to manipulate. Have students discuss why Dad

was red in the face.

Provide students with opportunities to make proportional trades with money amounts.

Have students work in pairs. Give each student the same total amount of money but in

different denominations. Have students make trades so that each retains the same amount

of money but with a different set of coins or bills. For example, give each student $5.00.

Give one student all coins (pennies, nickels, dimes, quarters, and half-dollars) and the

other student 4 one-dollar bills and 4 quarters. The object would be for these two students

to make as many proportional trades as possible (e.g., 4 quarters for a one-dollar bill or 5

nickels for a quarter) so that each ends up having the same amount that he/she started

with ($5.00).



Variations: Provide opportunities for the students to solve problems (using

manipulatives) similar to the following:

 A bag of apples weighs 3 pounds and a bag of grapes weighs 1 pound. If I put

the bag of apples on a balance scale, how many bags of grapes would it take

to balance the scale?

 If five pieces of candy cost 10¢, how many pieces of candy can you buy for

50¢?

Students can easily create slides using presentation

software such as PowerPoint, Open Office (free) or Kid Pix

to illustrate these problems. Have students create a slide

with a problem similar to the ones mentioned above. They

will share this slide with another student who will create

an additional slide that illustrates the solution. The

teacher can copy and insert the students’ slides into one

slide show and present to the entire class. (If you do not

have the software mentioned above, you could have the

students go online to the ReadWriteThink site to create a

flipbook. Go to

http://www.readwritethink.org/materials/flipbook/. The

students will be prompted to add labels for each page of

the flipbook. The labels could be the operation needed to

solve the problem or it may be the name of the objects

given in the word problem. Students assign labels for

however many word problems they are going to create. They

choose the type of printer they will be using (if you don’t

want them to print, they can always do a print screen or

save the webpage to the desktop). The student will proceed

to step 3 where they will choose the template for their

page. They will need to choose the design the will allow

them to both draw and insert text. They will click on the

drawing tools to draw an illustration of the problem. They

will click to type in their word problem. They can create

and solve up to ten problems.





Grade 3 MathematicsUnit 3Time Is Money 5

6









Activity 5: I Have/Who Has? Time (GLE: 24)



Make a set of clock cards with various times to the minute. For example, write on the

first clock, “I have 10:32. Who has 5 minutes later?” The next clock card says, “I have

10:37. Who has . . .?” Continue creating “I have/Who has” cards using “minutes later”

and “minutes before” statements to get back to the starting time of 10:32. Students are

successful when the last card’s answer returns to 10:32 (the first card).





Activity 6: Time Scenarios (GLE: 24)



Give students a list of activities/jobs (about 10 or 15) and the time required to complete

them (e.g., washing dishes 10 minutes, collecting trash 5 minutes, etc.). When deciding

time requirements for each job, adding two or three of these jobs should not require

regrouping of hours and minutes. Ask the students to choose two or three of the jobs and

write a problem that involves the jobs. The problem should include a starting time (e.g.,

9:05) and should ask for the time it will be when the jobs are completed. After checking

each student’s problem, ask students to exchange problems and solve them. The problems

can be put into a three-ring binder and placed in a math center for students to use, or you

can use the students’ own problems for problem-of-the day activities.





Activity 7: Line Them Up (GLE: 17, 26)



Let students use the information given to them to order a set of measures.



Example 1: Use your class birthday chart to have students order birthdays.



Birthday Chart

Sharon Sept. 7th

Michael Aug. 5th

Maureen May 26th

Ellen July 2nd

John Jan. 26th

Peggy May 9th

Lucy April 13th

Bob July 28th

Margaret Dec. 8th



Using the class birthday chart, list the students in birthday order. Whose birthday comes

first in the year, second, etc.?

Solution: John, Lucy, Peggy, Maureen, Ellen, Bob, Michael, Sharon, Margaret



Example 2: What do you have in your pocket?





Grade 3 MathematicsUnit 3Time Is Money 6

7





Sue 1 quarter, 5 pennies, and 2 dimes

Alex 27 pennies and 3 dimes

Maggie 3 dimes, 14 pennies, 2 quarters

Quentin 5 nickels, 5 dimes, and 2 pennies

Jose 3 quarters

Using the data given, students determine how much money each person has and then list

those amounts in order from least amount to greatest.

Solution: Sue, Alex, Jose, Quentin, Maggie



Example 3: Mark, Bill, and Rodell went to the store. Mark bought a 32 oz. Drink, Bill

got a quart sized drink, and Rodell bought a pint of milk. Mark said he had the largest

drink. Is he correct? Explain.

Solution: Mark and Bill have the same amount. 32 oz is a quart.



Use class information to create data tables and then have students order measures.

Examples: height, shoe size, bedtime, distance to school, weight of book bag etc.





Sample Assessments





General Guidelines



Students need to be observed both as individuals and in groups. Continue to assess

students by listening to them during whole class and partner discussions.





General Assessments



 Portfolio assessment could include the following:

 Anecdotal notes from teacher observation

 Student explanations from specific activities

 Journal entries

 The teacher will develop problems that require students to give the value

of sets of coins, make change, or when given a situation, demonstrate

elapsed time by manipulating the hands on a clock

 The teacher will ask probing questions while students are working in

groups such as:

 How would you prove that?

 Do you understand what ____ is saying?

 Is the solution reasonable?

 The teacher will provide sharing time for group work, asking questions

such as:

 Can you convince the rest of us your answer makes sense?

 Does anyone have another way to explain that?

 What do you think about that?





Grade 3 MathematicsUnit 3Time Is Money 7

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Activity-Specific Assessments



 Activity 1: Students will solve problems such as the ones below by writing

the problem in their own words and recording how they solved it using

pictures, words, and numbers. The teacher will determine how many

problems are appropriate.



Money problem 1

I have some coins in my two pockets. I have 56 cents in all. I have 5

nickels in one pocket. What coins could I have in my other pocket?



Money problem 2

I have 1 dollar, 4 dimes, 1 quarter, and 2 pennies in one pocket. I have the

same coins in my other pocket. How much money do I have?



Money problem 3

I have 84 cents. I put half the money in one pocket and half the money in

another pocket. How much is in each pocket? What coins could I have in

each pocket?



Solutions: Problem 1- 31 cents – many possibilities of coins

Problem 2 - $2.94

Problem 3 – 42 cents - many possibilities of coins



 Activity 4: The student will complete the following performance

assessment: Jacob wants to buy a 75-cent snack from a vending machine.

The machine accepts only nickels, dimes, and quarters. Jacob has 7

nickels, 5 dimes and 2 quarters.

 What are some ways that Jacob could pay for the snack? Use

pictures, words, and numbers.

 Which of the ways uses the fewest number of coins? Explain your

answer.

 Can you find any other ways?



Possible solutions:

Coins Q D N

5 2 2 1

6 2 1 3

6 1 5 0

7 2 0 5

7 1 4 2

8 1 3 4

9 1 2 6

10 0 5 5





Grade 3 MathematicsUnit 3Time Is Money 8

9





11 0 4 7





 Activity 5: Students will complete each story.



Today is November 9. My birthday is November 27. I started to write

invitations to my birthday party at 2:24 p.m. It took me 25 minutes to

write them all.



It is _____________ week(s) and _________ day(s) until my birthday.

When did I finish writing my invitations?__________________



Solution: It is 2 weeks and 4 days until my birthday. When did I finish

writing my invitations? 2:49





The coach timed Kayla’s 2-mile run every day after school



Start Time Finish Time

Day 1 3:22 3:48

Day 2 3:45 4:02

Day 3 3:31 3:56



How long did Kayla run on day one? _____________ minutes

On which day did Kayla run the fastest? _________________

On which day did Kayla run the slowest? ________________

Student explains answer.



Solution:

How long did Kayla run on day one? (26 minutes)

On which day did Kayla run the fastest? Day 2 (17 min.)

On which day did Kayla run the slowest? Day 1 (26 min.)

Students will explain the answers.



 Activity 3: The teacher will provide students with advertisements or

catalogs (for big ticket items like furniture, electronics, appliances, etc.)

and will have them choose two (three, four . . .) items, and use rounding to

estimate if they have enough of a given amount of money ($1000, $2000.

. . $9000) to “purchase” the items. The teacher will observe that students

are rounding and not using paper-and-pencil to find an exact amount.









Grade 3 MathematicsUnit 3Time Is Money 9


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