Question

Some time ago, one of the United States was facing a budget deficit of $1.2 billion. The population of the state was approximately 3.9 million. How much would each person in the state have to contribute to pay a $1.2 billion deficit? (Round your answer to the nearest dollar.)

Answer 1

Each person in the state would have to contribute approximately $307.69 to pay a $1.2 billion deficit.

Step-by-step explanation:

To find out how much each person in the state would have to contribute to pay a $1.2 billion deficit, we need to divide the deficit by the population of the state.

Dividing $1.2 billion by approximately 3.9 million gives us approximately $307.69 per person.

Therefore, each person in the state would have to contribute approximately $307.69 to pay a $1.2 billion deficit.