The US. national debt was \$ 2.9617 * 10 ^ 13 in 2021 and \$ 3.98 * 10 ^ 11 in 1971. Find how much the debt increased in the 50-year period. (1 point)

\$ 3.0015 * 10 ^ 13

\$ 2.9219 * 10 ^ 13

\$ 1.0183 * 10 ^ 24

\$ 2.9219 * 10 ^ 11

1 answer

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

Given:

  • National debt in 2021 = \( 2.9617 \times 10^{13} \)
  • National debt in 1971 = \( 3.98 \times 10^{11} \)

We can perform the subtraction:

\[ \text{Increase in debt} = (2.9617 \times 10^{13}) - (3.98 \times 10^{11}) \]

To make the calculation easier, let's express \( 3.98 \times 10^{11} \) in terms of \( 10^{13} \):

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

Now we can rewrite the equation:

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

This simplifies to:

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

Now, performing the subtraction:

\[ 2.9617 - 0.0398 = 2.9219 \]

Thus, we have:

\[ \text{Increase in debt} = 2.9219 \times 10^{13} \]

Therefore, the increase in the national debt over the 50-year period is:

\[ \boxed{2.9219 \times 10^{13}} \]