Respuesta :
If you're using 7.6 percent, then you're not using 92.4 percent (100-7.6)
To find 92.4 percent of 67.8 billion do:
67,800,000,000*.924=62,647,200,000
To find 92.4 percent of 67.8 billion do:
67,800,000,000*.924=62,647,200,000
Answer: There is 62,64,72,00,000 amount of money is left in the fund.
Step-by-step explanation:
Since we have given that
Total insurance fund of FDIC = 67.8 billions
Percentage of it which it cover several failed banks = 7.6%
We need to find the amount of money left in the fund.
Remaining percentage is given by
[tex]100-7.6=92.4\%[/tex]
So, Amount of money left in the fund is given by
[tex]\frac{92.4}{100}\times 67.8\times 1000000000\\\\=0.924\times 67800000000\\\\=6.26472\times 10^{10}=62647200000[/tex]
Hence, there is 62,64,72,00,000 amount of money is left in the fund.