CFA Grade 7: NS.7.3

Front

What is a negative number?

Back

A negative number is a number that is less than zero, often used to represent a debt or loss.

Front

What does it mean to owe money?

Back

To owe money means to have a debt that must be paid back to someone.

Front

How do you add a negative number to a positive number?

Back

When you add a negative number to a positive number, you subtract the absolute value of the negative number from the positive number.

Front

What is the result of adding a positive number to a negative number?

Back

The result can be positive, negative, or zero, depending on the values of the numbers.

Front

What is the formula for calculating total money after debt?

Back

Total Money = Money Received - Money Owed.

Front

What does dividing a negative number by a positive number yield?

Back

Dividing a negative number by a positive number results in a negative number.

Front

Back

Front

Back

Front

If you owe $5 and receive $9, how much do you have?

Back

You have $4.

Front

What is the concept of splitting a debt?

Back

Splitting a debt means dividing the total amount owed among multiple people.