What Does a Negative Bank Balance Mean?

2 months ago
3

In this video, we explore how positive and negative numbers apply to financial transactions, specifically bank account balances. Starting with a balance of $120, we calculate the new balance after a withdrawal that exceeds the available funds, resulting in a negative balance. We’ll explain what this negative number means in a financial context and how it represents debt. This lesson aligns with Common Core Standard 6.NS.C.5, focusing on understanding positive and negative values in real-world situations like banking.

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