US Debt
The unfunded us debt is approximately 114.5 trillion dollars. This would take spending $1,000,000 per day since _________________ until today (9/9/11). Assume there are 365 days in a year. If you don't feel like solving this problem, post a guess and let's see how close we get. I will post a video later on in the week that will help us visualize this.
wow i had the whole answer written out and took alot of time on it... then i accidently presssed the back button. so in short it would take 313,698.6301 days spending 1 million each day to reach our 114.5 trillion dollar debt. and i think it would take spending 1 million a day since 1151 a.d.... back when america wasnt a country or even a colony
ReplyDeleteI pretty much got the same answer as far as the amount of spending each day to pay the debt, but I am unsure about the starting date for the debt to be payed off by 9/9/11.
ReplyDeleteHere's what I did:
1,000,000x365=$365,000,000 spent each year.
114,500,000,000,000/365,000,000=313,698.63 days (313,699 days rounded)
313,699 days/365 days= 859 years? (rounded)
2011-859=1152?
So I think it would take from 9/9/1152 to 9/9/2011 to pay off the debt :S?