GRE Prep Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
The government allocated $800 million for disaster relief in a hurrica
[#permalink]
02 Sep 2021, 03:39
02 Sep 2021, 03:39
Expert Reply
00:00
Question Stats:
87% (01:28) correct
12% (02:08) wrong based on 8 sessions
Hide Show timer Statistics
The government allocated $800 million for disaster relief in a hurricane-damaged region. This amount of money is about equal to spending $1 per second for how many years?
(A) 5
(B) 25
(C) 50
(D) 100
(E) 150
(A) 5
(B) 25
(C) 50
(D) 100
(E) 150
The government allocated $800 million for disaster relief in a hurrica
[#permalink]
02 Sep 2021, 20:06
02 Sep 2021, 20:06
Spending \($1\) per second
Total seconds in a year \(= 60 * 60 * 24 * 365 ≈ 32,000,000\)
No of Years to spend \($800\) million = \(\frac{800,000,000}{32,000,000} = 25\)
Answer B
Total seconds in a year \(= 60 * 60 * 24 * 365 ≈ 32,000,000\)
No of Years to spend \($800\) million = \(\frac{800,000,000}{32,000,000} = 25\)
Answer B
Retired Moderator
Joined: 10 Apr 2015
Posts: 6218
Given Kudos: 136
Re: The government allocated $800 million for disaster relief in a hurrica
[#permalink]
11 Nov 2021, 12:45
11 Nov 2021, 12:45
Carcass wrote:
The government allocated $800 million for disaster relief in a hurricane-damaged region. This amount of money is about equal to spending $1 per second for how many years?
(A) 5
(B) 25
(C) 50
(D) 100
(E) 150
(A) 5
(B) 25
(C) 50
(D) 100
(E) 150
Important: Since the answer choices are reasonably spread apart, we can use some estimation (for more on this, see the video below)
Number of seconds in one minute = 60
Number of seconds in one hour = (60)(60)
Number of seconds in one day = (60)(60)(24)
Number of seconds in one year = (60)(60)(24)(365) ≈ (60)(60)(20)(400) ≈ 28,000,000
Since there are approximately 28 million seconds in one year, then we know that the government is spending 28 million dollars every year.
800/28 ≈ 800/30 ≈ 80/3 ≈ 27
So the spending will last for about 27 years.
Answer: B
