As of August 27, 2020, the Philippines, through the Department of Finance has already borrowed $ 8.83 billion to fight against the health and socioeconomic crises inflicted by the COVD19 pandemic.  (a) If payments were made at the rate of $1000 per second, how many many years would it take to pay off the debt, assuming no interest was charged? A one-dollar bill is about 15.5 cm long. If $8.83 billion one-dollar were laid end to end around the Earth's equator, how many times would they encircle the planet? Take the radium of the Earth at the equator to be 6378 km.

Question

As of August 27, 2020, the Philippines, through the Department of Finance has already borrowed $ 8.83 billion to fight against the health and socioeconomic crises inflicted by the COVD19 pandemic.

 (a) If payments were made at the rate of $1000 per second, how many many years would it take to pay off the debt, assuming no interest was charged?

A one-dollar bill is about 15.5 cm long. If $8.83 billion one-dollar were laid end to end around the Earth's equator, how many times would they encircle the planet? Take the radium of the Earth at the equator to be 6378 km.

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