Understanding Overdrawn Bank Accounts and Negative Integers

Understanding Overdrawn Bank Accounts and Negative Integers

Assessment

Interactive Video

Mathematics, English

5th - 8th Grade

Hard

Created by

Jackson Turner

FREE Resource

The video tutorial explains how to represent an overdrawn bank account using negative integers. It starts by describing an overdrawn account and how additional checks and bank fees increase the debt. The tutorial then demonstrates how to calculate the total debt by summing negative integers, resulting in a final negative balance of $232. The video emphasizes understanding negative numbers and their application in real-life financial situations.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean when a bank account is overdrawn?

The account has less money than required.

The account is closed.

The account has more money than needed.

The account balance is zero.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is an overdrawn amount of $155 represented in integer form?

Positive 100

Zero

Negative 155

Positive 155

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the account balance when a check for $47 is written?

The balance decreases by $47.

The balance increases by $47.

The balance increases by $100.

The balance remains the same.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the $47 check represented in integer form?

Positive 47

Negative 47

Zero

Positive 100

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional charge does the bank impose for being overdrawn?

$40

$30

$20

$10

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do you represent the bank's overdraft charge in integer form?

Positive 30

Negative 30

Zero

Positive 50

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount owed after all transactions and charges?

Negative $150

Negative $300

Negative $232

Negative $200