Bob earned $50 mowing his grandma's yard. He owed his dad $60 for his new phone. What is true about Bob's money?

Question

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Irrational answer: Bob breaks even and does not owe money or have any money in his pocket.
Irrational answer: Bob has some money in his pocket in the end: -60 - 50 - $110
Rational answer: Bob has some money in his pocket in the end: -60 + 50 = $10
Rational answer: Bob still owes money in the end: -60 + 50 = -$10

Answer 1

Let's analyze Bob's situation step by step.

1. Bob earned $50.
2. Bob owes his dad $60.

To determine Bob's net money position, we can set up the equation:

Net amount = Amount earned - Amount owed
Net amount = $50 - $60
Net amount = -$10

This means Bob has a net amount of -$10, indicating that he still owes his dad $10 after earning $50.

Based on this analysis, the correct statements are:

• Bob has some money in his pocket in the end: -60 + 50 = -$10.
• Bob still owes money in the end: -60 + 50 = -$10.

The last two statements are rational conclusions about Bob's money situation, as they accurately describe that he owes $10 after his transactions.