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Math Help - Word problem???

  1. #1
    Ash
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    Word problem???

    The federal government has not been free of debt for over 130 year. Assuming a population of 274 million in 1999, the cost of paying off the national debt in 1999 would have been approximately $20,700 for every American citizen.

    Using -20,700 as the average cost per citizen, what negative number represents the national debt in 1999? (Round your answer to the nearest tenth of a trillion dollar.)
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  2. #2
    Grand Panjandrum
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    Quote Originally Posted by Ash View Post
    The federal government has not been free of debt for over 130 year. Assuming a population of 274 million in 1999, the cost of paying off the national debt in 1999 would have been approximately $20,700 for every American citizen.

    Using -20,700 as the average cost per citizen, what negative number represents the national debt in 1999? (Round your answer to the nearest tenth of a trillion dollar.)
    Debt per citizen 20700, so tolal debt 20700x274000000=5,671,800,000,000,
    or a credit of -5.7 trillion dollars.

    RonL
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  3. #3
    Ash
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    Quote Originally Posted by CaptainBlack View Post
    Debt per citizen 20700, so tolal debt 20700x274000000=5,671,800,000,000,
    or a credit of -5.7 trillion dollars.

    RonL

    Thanks a lot!!! That's what I thought the answer was!!!
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