Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false) Explain your reasoning. In total, the 300 million people in a certain country spend about a billion dollars per year on housing costs (rent and home mortgage payments). The statement Y make sense. Put the number in perspective by asking "If everyone in the country made rent or home mortgage payments, how much would each person pay per year? $1 billion $10⁹ 300,000,000 people 3x108 people (Round to the nearest cent as needed.) (...) per person
Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false) Explain your reasoning. In total, the 300 million people in a certain country spend about a billion dollars per year on housing costs (rent and home mortgage payments). The statement Y make sense. Put the number in perspective by asking "If everyone in the country made rent or home mortgage payments, how much would each person pay per year? $1 billion $10⁹ 300,000,000 people 3x108 people (Round to the nearest cent as needed.) (...) per person
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The statement does make sense/ or not
![Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning.
In total, the 300 million people in a certain country spend about a billion dollars per year on housing costs (rent and home mortgage payments).
The statement
make sense. Put the number in perspective by asking "If everyone in the country made rent or home mortgage payments, how much would each person pay per year?
$1 billion
$10⁹
300,000,000 people 3×108 people
(Round to the nearest cent as needed.)
4
per person](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fae0ca16b-d345-4a94-a182-bdff65ba437e%2Fb17e9ff9-e010-483d-9f4a-6f65b939c50f%2Fkf58q4_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning.
In total, the 300 million people in a certain country spend about a billion dollars per year on housing costs (rent and home mortgage payments).
The statement
make sense. Put the number in perspective by asking "If everyone in the country made rent or home mortgage payments, how much would each person pay per year?
$1 billion
$10⁹
300,000,000 people 3×108 people
(Round to the nearest cent as needed.)
4
per person
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