Question

1. if 72% of households reported paying no banking fees whatsoever, that means 28% of households paid all the fees. out of the total 131.3 million households in america, approximately how many paid banking fees in 2019?

Explanation:

Step1: Identify the percentage of fee - paying households

The percentage of households that paid banking fees is 28%, which can be written as 0.28 in decimal form.

Step2: Calculate the number of fee - paying households

We multiply the total number of households (131.3 million) by the decimal - equivalent of the percentage of fee - paying households. Let $N$ be the number of households that paid banking fees. Then $N = 0.28\times131.3$ million.
$N=0.28\times131.3 = 36.764$ million.

Answer:

36.764 million