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The population of a small country is 2.279 million and its national debt is $6.03 billion. What is the amount of debt per person? Round to the nearest whole number.

1 Answer

3 votes

Answer:

$2,646 per person

Explanation:

In this scenario, we are given the ratio of debt:population size of roughly 6.03billion (numerator) for every 2.279million people (denominator). Therefore in order to find the amount of debt per person we simply divide the debt by the population in order to reduce the population to 1 and see how much debt every individual would have. Like so...

6,030,000,000 dollars / 2,279,000 people = x

2,645.89 dollars / 1 person = x

Rounding this value up to the nearest dollar would mean that every individual has an estimated debt of 2,646 dollars.

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