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    rntndnzn1's Avatar
    rntndnzn1 Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Oct 15, 2009, 11:56 AM
    What was the total market value?
    The amount of gold in the Earth's crust is about 120,000,000,000,000 kilograms.

    a. The market value of gold in December 2001 was about $9800 per kilogram. What was the total market value of all the gold in the Earth's crust at that time?

    b. The total US national debt in Decemeber 2001 was about $6x10^12. How many times would the value of the gold pay off the national debt?

    c. If there were about 280,000,000 people in the US in December 2001, how many do each of us owe on the national debt?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Oct 15, 2009, 12:07 PM
    Thank you for taking the time to copy your homework to AMHD.
    Please refer to this announcement: Ask Me Help Desk - Announcements in Forum : Homework Help

    Rather than being exceptionally lazy THINK about it.
    This is a simple multiplication/division exercise.
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