A family refers to a group of two or more people related by birth, marriage, or adoption who reside together.

Question

In 2000, in Country A, the average family net worth was $380,000, and there was about 9.7 x 10^7 families. Calculate the total family net worth in Country A in 2000.

Country A's total family net worth is what in dollars?

(Use scientific notation. Use the multiplication symbol in the math palette as needed. Round to the nearest tenth as needed.)

Answer 1

380 000 = 3.8 × 10⁵
(3.8 × 10⁵) × (9.7 × 10⁷) = (3.8 × 9.7) × (10⁵ × 10⁷) = 36.86 × 10¹² ≈ 3.7 × 10¹³