Question

Consider the statement "Worldwide in 2014, there are more than $2.5 trillion in credit card transactions." Make sure that you fill in each answer area before checking "How Did I Do?". What was the daily average dollar amount of transactions? Round to the nearest hundred million dollars. $ Number How many dollars were spent in credit card transactions each day?

Answer 1

Answer:

Kindly check explanation

Step-by-step explanation:

Given that:

In 2014:

Worth of credit card transaction = $2.5 trillion

The daily average dollar amount of transaction:

Number of days in a year = 365

(Yearly worth of transaction / number of days in a year)

$(2,500,000,000,000) / 365

= $6,849315068.4931

= $6,849, 000,000 (nearest 100 million dollars)

Amount spent in transaction daily :

= $6,849,315,058