Interpret negative numbers in context 6 - Reasoning

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Maths
Year 5
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Interpret negative numbers in context 6 - Reasoning
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Maths Resource Description

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Tia's financial scenario is used to illustrate the concept of negative numbers in a real-world context, specifically within the framework of banking and personal finance. Initially, Tia had £12 in her bank account. After purchasing a dress, her account became overdrawn, which means she spent more money than was available in her account. As a result, her bank balance is now -£3. This negative balance indicates that Tia owes money to the bank. To rectify her overdrawn account and bring her balance back to £0, Tia needs to deposit £3 into her bank account.

In a separate instance, Tia started with a smaller amount, having £2 in her bank account before making the same transaction. The purchase of the dress caused her account to become overdrawn once again. The exact overdraft amount is not specified, but the principle remains the same: Tia's bank balance is in the negatives, representing the amount she owes. To clear the overdraft and return her balance to zero, Tia must deposit the equivalent amount that she is overdrawn back into her account. Understanding negative numbers in this context helps in grasping how they can represent debt or a deficit in financial situations.