Form 9: Real-World Applications - Finance and Money Exercise

Form 9: Real-World Applications - Finance and Money

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Form 9: Real-World Applications - Finance and Money

Use absolute value to represent financial scenarios such as debits, credits, and account balances. Understand how amounts represent distance from a zero balance.

Questions

  1. MultiChoice

    A bank account has a debt of -$50. What is the absolute value of this debt?

  2. MultiChoice

    You earn a profit of +$75. What is the distance of this balance from $0?

  3. MultiChoice

    Person A has a balance of -$40 and Person B has a balance of -$90. Who owes more money (larger absolute value)?

  4. MultiChoice

    What is |-120| representing a spending of $120?

  5. MultiChoice

    A gain of $30 and a loss of $30 have the same absolute value. What does this mean?

  6. MultiChoice

    A transaction change is -$15. What is the magnitude of this transaction?

  7. MultiChoice

    Which account balance is farther from $0: -$200 or +$150?

  8. MultiChoice

    What balance corresponds to zero absolute value?

  9. MultiChoice

    If a business has a net change of -$65, what is |-65|?

  10. MultiChoice

    Which account balances have an absolute value of $25?

  11. MultiChoice

    What is the absolute value of -$5?

  12. MultiChoice

    Between -$100 and +$80, which amount represents a greater distance from zero dollars?