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)

2.79*10^(11)
3*10^(-11)
2*10^(11)
3*10^(11)

The closest estimation of the federal debt of Country C at the end of fiscal year 2004 is 2.79*10^(11).