SOLUTION: Consider the statement “Worldwide, there are more than $2.5 trillion in credit card transactions annually.”
a. What is the daily average dollar amount of transactions? Round
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Question 998419: Consider the statement “Worldwide, there are more than $2.5 trillion in credit card transactions annually.”
a. What is the daily average dollar amount of transactions? Round to the nearest hundred million dollar
b. How many dollars in credit card transactions are made on any particular day?
$6,849,315
$6,849,315,068
$1,460,000,000
$1,460,000
It is impossible to know.
Answer by Theo(13342) (Show Source): You can put this solution on YOUR website!
you can answer part a, but i don't think you can answer part b.
assuming 365 days in a year, part a would give you 2.5 * 10^12 / 365 = 6,849,315,068.
that's 6 billion, 849 million, 315 thousand, 068.
part b asks how many dollars on any particular day.
that can't be determined from the data.
each particular day can be different aqnd there's no way of telling what values are on any particular day.
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