Understanding Positive and Negative Money in Bank Accounts

This lesson explains how positive and negative numbers are used in banking, focusing on bank accounts with balances greater or less than $0. It covers the concept of number lines, common banking terms like transactions, deposits, and withdrawals, and introduces the idea of loans and negative balances. The lesson uses practical examples to illustrate how these concepts apply to real-life banking scenarios.

How can you have a negative balance in your bank account?

What is the significance of repaying a loan in relation to your bank account balance?