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1. Some time ago, one of the United States was facing a budget deficit of \$1 billion. The population of the state was approximately 18.7 million. How much would each person in the state have to contribute to pay a \$1 billion deficit? Round your answer to the nearest dollar.

2. A 1-dollar bill is 6.14 inches long, 2.61 inches wide, and 0.0043 inch thick.

Assume your classroom measures 24 by 25 by 10 ft. How many such rooms would a billion 1-dollar bills fill? (Round your answer to one decimal place.)

May 21, 2017

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1. Payment per person =   Total Debt / Population  =  1,000,000,000/ 18,700,000 ≈ \$53.48 = \$53

2.  Number of Bills in One Classroom  =  Volume of classroom / Volume of Bills  =

24 ft  =  288 in     ......    25 ft  =  300 in   ....... 10 ft =  120 in

So

[ 288 * 300 * 120 ]  /  [ 6.14 *   2.61 * 0.0043 ]   ≈ 150,458,821  would fit in one room

And

Number of Classrooms Needed for one billion bills =

1,000,000,000 / 150,458,821   ≈ 6.6 Classrooms

May 21, 2017