In 2000, Country A, the average family net worth was $480,000 and there was about 7.8 x 10^7. Calculate the family net worth in Country A in 2000.

Question

anonymous · Answer

will someone please help me figure out how to solve this problem. I seem to be lost with word problems.

anonymous · Answer

i think you're missing a word

anonymous · Answer

The problem says use scientific notation

anonymous · Answer

and round to the nearest tenth.

anonymous · Answer

there was about 7.8 x 10^7 ???

anonymous · Answer

yes that is what the problem says. It is 7.8 times 10 to seventh power

anonymous · Answer

ok then lets assume there are 7.8 x10^7 families
480,000 = 4.8*10^5

multiply them together, then put the answer into scientific notation

anonymous · Answer

so would it be 37,000,000,000?

anonymous · Answer

sorry, didnt actually do the problem, one sec

anonymous · Answer

you're off by a couple zeros

anonymous · Answer

its 7.8 * 4.8 *10^7 * 10^5
37.44 *10^12
then put it into scientific notation
3.744*10^13

anonymous · Answer

Thank you.