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 Internet Activity Teacher Notes

Money, Money, Money

Teacher Notes:

Procedure for the Activity

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.

Maryland