Please help and explain on this question: Sam's credit card balance is less than -$36. Does Sam owe more or less then $36?
I assume that if the balance is a negative number, he's overpaid and has a credit balance of $36. He doesn't owe anything.
To determine whether Sam owes more or less than $36 based on the given information, we first need to understand the concept of a negative balance on a credit card.
When you have a negative balance on a credit card, it means that you have overpaid or have a credit on your account, and the credit card company owes you money instead of you owing them. So, if Sam's credit card balance is less than -$36, it means that he has a negative balance, and the credit card company owes him money.
Since Sam has a negative balance, it implies that he owes less than $36 to the credit card company. The exact amount owed cannot be determined solely from the information provided, but we can conclude that Sam owes less than $36 based on the given condition.