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LESSON 8<br />

We can also write this amount as 50¢ using a<br />

different symbol that shows money. The symbol<br />

¢ means cents. Earlier I wrote $.05 under the<br />

picture of the nickel. We read this as five cents<br />

even though we write a dollar sign in front of it.<br />

The placement of the 05 to the right of the<br />

decimal shows that a nickel is part of a dollar. In<br />

the same way, we can write $.25 for 25 cents.<br />

Can you read these amounts<br />

$.01 = 1 cent (1¢ or 1 penny)<br />

$.05 = 5 cents (5¢ or 1 nickel)<br />

$.10 = 10 cents (10¢ or 1 dime)<br />

$.25 = 25 cents (25¢ or 1 quarter)<br />

$1.00 = 1 dollar<br />

$5.00 = 5 dollars<br />

$10.00 = 10 dollars<br />

Applied Mathematics • 77

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