Understanding Money: Coins and Bills

Rico's Reading Room presents a book about money, explaining the use of coins and bills for purchases. The video covers common US coins, their values, and examples of making a dollar with different coin combinations. It also discusses paper money, its denominations, and the importance of money management, including saving, lending, and spending. The session concludes with a farewell message.

What is the primary use of money?

• To buy goods and services

• To make art

• To play games

• To decorate homes

Which of the following is NOT a common US coin?

• Penny

• Nickel

• Dime

• Euro

How much is a nickel worth?

• 5 cents

• 25 cents

• 10 cents

• 1 cent

How many dimes make a dollar?

• 20

• 25

• 10

• 5

Which combination of coins is equivalent to one dollar?

• 5 dimes and 10 nickels

• 4 quarters

• 2 dimes and 6 nickels

• 10 nickels and 10 pennies

What is the value of a quarter?

• 10 cents

• 25 cents

• 50 cents

• 1 dollar

Which of the following is NOT a common paper bill?

• 10 dollars

• 5 dollars

• 1 dollar

• 50 dollars

What is the color of most US paper bills?

• Red and blue

• Green and black

• Yellow and purple

• Orange and brown

How many 5 dollar bills are needed to make 20 dollars?

• 4

• 2

• 3

• 5

What can you do with money?

• Spend it

• All of the above

• Lend it

• Save it