SOLUTION: A family refers to a group of two or more people related by birth, marriage, or adoption who reside together. In 2000, in country A, the average family net worth was $350,000, and
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Question 701095: A family refers to a group of two or more people related by birth, marriage, or adoption who reside together. In 2000, in country A, the average family net worth was $350,000, and there were about 7.1 x 10^7 families. Calculate the total family net worth in country A in 2000.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
the average family net worth was $350,000, and there were about 7.1 x 10^7 families. Calculate the total family net worth in country A in 2000.
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(7.1x10^7)(350,000)
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= (7.1x10^7)(3.5x10^5)
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= 24.85x10^12
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= $2.485x10^13
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Cheers,
Stan H.
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