Question

Joe has a savings account and a credit card. He has $422 saved in his savings account and has purchased $484 worth of merchandise on his credit card. Use positive and negative numbers to explain the sitiuation. Is Joe's overall balance represented by a positive or negative number? Justify your answer.

Answer 1

joe has +$422 in his savings account and credit card. she then purchased something that was 484 which caused joe to go bankrupt and he jumped from +$422 to -$62.

Answer 2

Because Joe only has $422 on his credit card, his account with be overdrawn by $62. which means, Joe's account will go into the negative balance until he's able to pay the bank back the $62.