If the richest 5% includes 5.85 million households, how many households, in millions, are there in the United States?

beljuA

beljuA

Answered question

2021-06-20

If the richest 5% includes 5.85 million households, how many households, in millions, are there in the United States?

Answer & Explanation

falhiblesw

falhiblesw

Skilled2021-06-21Added 97 answers

Let x be the number of households in the United States, in millions.
We are given that 5% of the number of households include the richest which is 5,85 million so we can write: 0.05x=5.85
Divide both sides by 0.05:x=5.850.05
x=117
So the are 117 million households the United States.

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