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In this lesson, students are introduced to conventions for using signed numbers to represent money spent and received, as well as inventory gained and lost. Students examine a table detailing the inventory and value in dollars of items sold at a hardware store. They make sense of what positive and negative numbers mean in relation to the inventory (items purchased or sold) and also in relation to the items’ value in dollars (MP2).
An optional activity about the inventory in a vending machine offers additional practice interpreting signed numbers in context.
Since students do not operate on signed numbers in this grade, this lesson is simply an introduction to the convention of using signed numbers to represent a change in money or a change in inventory. Students will study addition and subtraction of signed numbers in a future course.
Let’s make sense of negative amounts of money.
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