Student loan debt in the United States gross approximately 9.8x10^3 dollars every hour at this rate, how much debt occurs each week give your answer in scientific notation

Answer 1

To find the amount of student loan debt that occurs each week, we need to convert the hourly rate to a weekly rate.

9.8x10^3 dollars/hour * 24 hours/day * 7 days/week = 1.6392x10^6 dollars/week

Therefore, approximately 1.6392x10^6 dollars of student loan debt occurs each week in the United States.