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Why does an account balance less than -40 dollars represents a debt greater than 40 dollars?
Wiki User
∙ 9y ago
Negative amounts, in this case, represent a debt to the bank.
Wiki User
∙ 9y ago
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Explain why an account balance less than negative 40 dollars represents a debt greater than 40 dollars?
If the balance is below -$40 then this means that the debt is greater than $40 because the debt is a measure of how far away (negatively)from 0 the account is. -$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.
What does it mean for a percent to be greater than 100 percent?
It means that the number that the percentage represents is greater than 1.It means that the number that the percentage represents is greater than 1.It means that the number that the percentage represents is greater than 1.It means that the number that the percentage represents is greater than 1.
An object that stands for or represents something greater than itself?
symbol
What is the meaning of brackets or parenthesis when solving inequalities?
round brackets '()' represents > or < i.e. 'greater than' or 'less than' square brackets '[]' represents >= or
Is greater 5.09 or 0.95?
5.09 is 4.14 greater than 0.95 like 5 dollars 9 cents is greater than 95 cents
Explain why an account balance less than negative 40 dollars represents a debt greater than 40 dollars?
If the balance is below -$40 then this means that the debt is greater than $40 because the debt is a measure of how far away (negatively)from 0 the account is. -$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.
Why does an account balance less than -40 dollars represent a debt greater than 40 dollars?
Unless they are reflected in the negative balance already, there are overdraft charges that you also owe. If the -$40.00 reflects more than one transaction that caused the negative balance, each transaction will have an overdraft charge.
Is negative one hundred greater than zero?
The greater the number in your bank account, the happier you are. Having negative one hundred dollars in your bank account means you owe the bank one hundred dollars; Having zero dollars mean you do not owe the bank money. Now which one is better? The better one (for you) is the greater value.
Why does the balance of payments always balance even though the balance of trade does not?
he balance of payments defines an economy's account of receipts and payments.it includes all current accounts and capital accounts. a deficit in current account is managed by creating a surplus in capital account and vice-versa.however,balance of trade is just the balance of exports and imports,exports receipts can be greater than import payments,this creates surplus in the economy and deficit in the other case. balance of trade is a component of BOP.
What does it mean for a percent to be greater than 100 percent?
It means that the number that the percentage represents is greater than 1.It means that the number that the percentage represents is greater than 1.It means that the number that the percentage represents is greater than 1.It means that the number that the percentage represents is greater than 1.
Why does the balance of payments is always balane even though the balance of trade does not?
the balance of payments defines an economy's account of receipts and payments.it includes all current accounts and capital accounts. a deficit in current account is managed by creating a surplus in capital account and vice-versa.however,balance of trade is just the balance of exports and imports,exports receipts can be greater than import payments,this creates surplus in the economy and deficit in the other case. balance of trade is a component of BOP.
Which is greater 0.1 or 0.8?
0.8 is greater it represents 8/10ths whereas 0.1 represents 1/10th
What if Jennifer deposited 10000 in an account that earns compound interest. The annual interest rate is 8 and the interest is compounded 2 times a year. The current balance in the account is 10?
No. If the account is earning interest the current amount should be greater than the initial deposit.
Which religion represents the harmony of opposites?
Taoism. Taoists believe that seemingly contradictory forces are all actually in harmony in the natural world. Opposites interact within a greater whole, and balance is key.
Which symbol below represents greater than?
>
You had a credit card account which they charged off and sold to a collection agency ca Now you have that charge off which carries a balance and a CA collecting on the same debt What could you do?
It is unlikely that the account was "sold" to a collection agency. Rather, the agency was contracted to recover the debt. The "charge off" of the account only affects the original creditor, and represents a loss reported against the company's taxes. If the collection agency has attempted to recover the debt and has been unable to, the original creditor will likely pull back the account and refer it to another agency in hopes of greater success.
Is 27972 million dollars greater then 344.6 million dollars?
Yes.
