Question

Lloyd's account has a balance of −$53.50. If he owes the bank more than $40, his account gets closed. Which of the following is true about Lloyd's account? It gets closed, because |−53.50| > 40 It stays open, because |−53.50| > 40 It stays open, because |−53.50| > 40 It gets closed, because |−53.50| < 40

Answer 1

Lloyd's bank account will be closed because he owes more than $40, he would have to pay the bank $53.50 to no longer owe them any money.

It gets closed because |-53.50| > 40