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

$1.0183 × 1024
$3.0015 x 1013
$2.9219 x 1011
$2.9219 × 1013

1 answer

To find the increase in the U.S. national debt from 1971 to 2021, we will subtract the debt in 1971 from the debt in 2021.

The national debt values are:

  • Debt in 2021: \( 2.9617 \times 10^{13} \)
  • Debt in 1971: \( 3.98 \times 10^{11} \)

First, let's express both amounts in the same exponent for easier subtraction. We can rewrite \( 3.98 \times 10^{11} \) with an exponent of \( 10^{13} \):

\[ 3.98 \times 10^{11} = 0.0398 \times 10^{13} \]

Now we can perform the subtraction:

\[ \text{Increase in debt} = 2.9617 \times 10^{13} - 0.0398 \times 10^{13} \] \[ = (2.9617 - 0.0398) \times 10^{13} \] \[ = 2.9219 \times 10^{13} \]

Thus, the increase in the U.S. national debt over that 50-year period is \( 2.9219 \times 10^{13} \).

The correct answer is:

$2.9219 × 10^{13}$