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Internet Activity

Money, Money, Money

Teacher Notes:

Procedure for the Activity

Answers:

Steps 1–6:


Denomination

Number of Bills in Circulation

Percent of Total Number of Bills in Circulation

Value of Money in Circulation

Percent of Total Value of Money in Circulation

$1 bills

7,043,813,463

35.6%

$7,043,813,463

1.3%

$2 bills

604,748,958

3.1%

$1,209,497,916

0.2%

$5 bills

1,600,787,162

8.1%

$8,003,935,810

1.5%

$10 bills

1,358,201,322

6.9%

$13,582,013,220

2.5%

$20 bills

4,522,108,535

22.8%

$90,442,170,700

16.9%

$50 bills

1,061,068,146

5.4%

$53,053,407,300

9.9%

$100 bills

3,616,997,926

18.3%

$361,699,792,600

67.6%

$500 bills

286,880

0%

$143,440,000

0.03%

$1000 bills

166,764

0%

$166,764,000

0.03%

$5000 bills

351

0%

$1,755,000

0%

$10,000 bills

344

0%

$3,440,000

0%

Totals

19,808,179,851

100%

$535,350,030,009

 

Step 7  Sample: Some of the percents were 0 because the amount being compared to the total was so small.

Wrapping Up the Activity

Check students’ problems.

Each person would get about $1902.30.




 
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