Maths | Money

Money is notes from a country used to pay or buy things.  New Zealand money uses place value.

The New Zealand money has 5 coins and 5 notes. There is 10c, 20c, 50c, $1, and $2 coins. There is also $5, $10, $20, $50, and $100 dollar notes.

Here is an example on how the place value system works. Imagine a person used up a $1.50 and a $1.70. How much does the person have left? This can by solved using place value. First add $1.50c and $1.70c up. 70c+50c=$1.20c. Then add $1+$1=$2.00. After that add $2.00+$1.20c=$3.20c. Then take away $10.00-$3.20=6.80.

Its important to understand money and change, because you could be scammed of your money.