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(Solved): In a given year, an estimated \( 7.8 \) million Mexican-born immigrants were employed in the United ...




In a given year, an estimated \( 7.8 \) million Mexican-born immigrants were employed in the United States.
a. If 65 percent
In a given year, an estimated \( 7.8 \) million Mexican-born immigrants were employed in the United States. a. If 65 percent of the Mexican-born immigrants remitted money to family members in Mexico in the same year, and if they each sent \( \$ 200 \) per month, how much money did they remit in total for the year? Instructlons: Enter your answer rounded to 3 decimal places. \( \$ \) billion b. If, instead, 100 percent of the Mexican-bom immigrants remitted money to family members in Mexico in that yea, and if they each sent \( \$ 440 \) per month, how much money did they remit in total for the year? Instructions: Enter your answer rounded to 1 decimal place. \( \$ \) billion c. The octual amount remitted to Mexico in that year by Mexican-bom immigrants ilving in the United States was about \( \$ 25 \) billion. If we assume that 70 percent of the Mexican-born immigrants remitted money to Mexico that year and If we further assume that each of those immigrants remitted an equal amount each month, how much per month did each of those immigrants have to remit to total \( \$ 25 \) billion for the year? (Do not round your intermedlate calculations when computing your answer.) Instructions: Enter your answer rounded to 2 decimal places.


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a) Money remitted by 65 percent of the 7.8 million Mexican-born immigrants in
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