Final answer:
To calculate the total amount that 50 people have if each group of 10 has $20,000, you multiply the number of groups (50 divided by 10, which is 5) by the amount per group to get a total of $100,000.
Step-by-step explanation:
If there are 50 people and each group of 10 people has $20,000, we can calculate the total amount by determining how many groups of 10 there are within 50 people, and then multiplying by the amount each group has.
- Divide 50 by 10 to find the number of groups: 50 ÷ 10 = 5 groups.
- Multiply the number of groups by the amount each group has: 5 groups × $20,000 = $100,000.
Therefore, if each group of 10 people has $20,000, the total amount possessed by all 50 people is $100,000.