In 2000 in country A the average family net worth was $440,000 and there were about 8.4x10to the power of 7, families. Caculate the family worth in country A in 2000.
8.4x10^7 * 440000
= appr 4.0 x 10^13
I believe that is about 40 trillion
Can you explain how you got this answer please.
8.4x10^7 is the amount of people
440000 = each persons estimated worth
so 4.0x10^13 is the solution or would it be plus or minus 40 trillion.
To calculate the total family worth in country A in 2000, we need to multiply the average family net worth by the number of families.
Step 1: Convert scientific notation to standard notation
The number 8.4x10^7 can be written as 84,000,000.
Step 2: Multiply average family net worth by the number of families
Average family net worth = $440,000
Number of families = 84,000,000
Family worth in country A in 2000 = Average family net worth * Number of families
= $440,000 * 84,000,000
Step 3: Calculate the result
Multiply $440,000 by 84,000,000:
= $36,960,000,000,000
Therefore, the family worth in country A in 2000 is $36,960,000,000,000.