+0  
 
0
3426
1
avatar

From class we learned that in 2010 the federal debt (in millions) was $13,561,623 and the population of the U.S. was 309 million. Use this information to compute the federal debt per capita in 2010. Express your answer rounded correctly to the nearest cent. $43888.75

 

Section: 2: In 2014: By January 2014, the U.S. population had grown to 317.3 million and the U.S. federal debt was reported as $17.3 trillion. Calculate the January 2014 federal debt per capita. Express your answer rounded correctly to the nearest cent. $54522.53

 

Section: 3: Comparison: Compare the January 2014 values to the values in 2010

 

a). How much bigger was the population? Express your answer rounded to the nearest tenth of a million

 

b). How much more federal debt was there? Express your answer rounded to the nearest tenth of a trillion dollars.

 

c). How did the federal debt per capita change, Decreased/Increased?

 

d) By how much? Express your answer rounded to the nearest cent.

 Sep 5, 2016
 #1
avatar+129840 
0

a     317.3 - 309   =  8.3 million = 8.3 x106

 

b   17.3 trillion - 13.561623 trillion = 3.738377 trillion =  3.738377 x 1012 = 3.7 x 1012

 

c   Increased

 

d  By  $54522.53  -  $43888.75  = $10, 633.78

 

 


cool cool cool

 Sep 5, 2016

0 Online Users