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10 March, 18:52

Explain why an account balance less than negative $40 represents a debt greater than $40

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  1. 10 March, 18:54
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    Debt : A Debt is the amount which measures how far your account balance is from 0 or in other words we can say that it is a measure of how far away (negatively) from 0 the account is.

    Now, - $40 is $40 away from $0. A lower figure, such as - $41 is even further away from $0 ($41 away) and so represents a larger debt.

    So, an account balance less than negative $40 represents a debt greater than $40
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