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Here are some tips for Money Multiplication, which aligns with Texas state standards:

Money Multiplication

In Money Multiplication, you are multiplying a decimal number by a single digit number. This takes two steps:

1. Ignore the decimal point and multiply
2. Place the decimal point in your answer so that it has the same number of decimal places as the decimal number being multiplied

Example 1:

$0.28	←	The number being multiplied has 2 decimal places
× 4
$0.96	←	The answer has 2 decimal places

Example 2:

$517.34	←	The number being multiplied has 2 decimal places
× 7
$3621.38	←	The answer has 2 decimal places

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