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In Mathematics / Middle School | 2014-03-18

Is a withdrawal of $50 negative or positive?

Asked by mer

Answer (3)

its Negative because your taking away money.

Answered by Taralyn | 2024-06-10

a withdrawal of $50 is negative because you are taking money out of your account and your money in your account is getting less than what it was before.

Answered by miner | 2024-06-24

A withdrawal of $50 is considered negative because it decreases the balance in your bank account. It directly reduces the amount of money you have available. This means you have less liquid cash to use for expenses or purchases.
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Answered by miner | 2024-10-01