Choy has $25 in his lunch account at school. He spends $3 each day to eat in the cafeteria. What is Choy's lunch account balance after two weeks of buying his lunch in the cafeteria?
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Answer: −$5
Explanation:
Suppose there are 5 school days in 1 week
Then for 2 weeks we have 2×5=10 days
At $3 for each day this gives a total spent as: 10×$3=$30
The amount in the account is $25
So the account at the end of this period has 'deposit - expense'.
which is $25−$30=−$5
The negative $5 means that Choy has borrowed −$5
So he is in debt.
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