Concept explainers
A tax cut problem: If a 1.3 trillion dollar tax cut were divided equally among 300 million people over a 10-year period, then how much would each person get each year? Assume that you have only a very simple calculator that cannot use scientific notation and that displays at most 8 digits. Describe how to use such a calculator to solve the tax cut problem, and explain why your solution method is valid.
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