SOLUTION: 1.A recent observation of the North Carolina State Debt Clock revealed that our state has accrued almost $54 billion in debt. If the current population of the state of NC is appro

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: 1.A recent observation of the North Carolina State Debt Clock revealed that our state has accrued almost $54 billion in debt. If the current population of the state of NC is appro      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1009227: 1.A recent observation of the North Carolina State Debt Clock revealed that our state has accrued almost $54 billion in debt. If the current population of the state of NC is approximately 9,900,000 people, find the amount each citizen of NC would need to contribute to completely eliminate our state’s debt, assuming we would distribute the debt equally among all citizens
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
You would merely divide 54 billion by 9.9 million and get
54,000,000,000 / 9,900,000 = $5454.54