At the end of fiscal year 2004, the federal debt of Country C is $278,560,125,000. What is the closest estimation of this amount? Express your answer in the form of a single digit times an integer power of 10.(1 point)

Responses

3 × 1011
3 times 10 superscript 11 baseline

2 × 1011
2 times 10 superscript 11 baseline

3 × 10−11
3 times 10 superscript negative 11 baseline

2.79 × 1011
2.79 times 10 superscript 11 baseline

The closest estimation of the federal debt of Country C at the end of fiscal year 2004 is 2.79 × 1011 or 2.79 times 10^11.