The U.S. national debt was $2.9617×1013 in 2021 and $3.98×1011 in 1971. Find how much the debt increased in the 50-year period. (1 point)

Responses

$1.0183×1024
1.0183 dollars times 10 superscript 24 baseline

$2.9219×1013
2.9219 dollars times 10 superscript 13 baseline

$3.0015×1013
3.0015 dollars times 10 superscript 13 baseline

$2.9219×1011

1 answer

To find how much the debt increased in the 50-year period, we subtract the debt in 1971 from the debt in 2021.

2021 debt - 1971 debt = $2.9617×1013 - $3.98×1011
= $2.9617×1013 - $0.398×1013
= $2.5637×1013

Therefore, the debt increased by $2.5637×1013 or $2.9219×1013. So the correct answer is:

$2.9219×1013