Precalculus (10th Edition)

Published by Pearson
ISBN 10: 0-32197-907-9
ISBN 13: 978-0-32197-907-0

Chapter 1 - Graphs - 1.1 The Distance and Midpoint Formulas - 1.1 Assess Your Understanding - Page 8: 70

Answer

estimated value: $\$405.5 \text{ billion}$ This is very close to the reported value as it is only $\$0.5 \text{ billion}$ away.

Work Step by Step

The midpoint of these two points is $\dfrac{345+466}{2}=405.5$ (the units are in billions of dollars). This is extremely close to the reported value of $\$405$ billion.
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