asked 17.4k views
4 votes
Assume real per capita GDP in West Springfield is $8,000 while in East Quippanova it is $2,000. The annual growth rate in West Springfield is 2.33%, while in East Quippanova it is 7%. How many years will it take for East Quippanova to catch up to the real per capita GDP of West Springfield

1 Answer

1 vote

Answer:

About 30years

Step-by-step explanation:

See attached file

Assume real per capita GDP in West Springfield is $8,000 while in East Quippanova-example-1
answered
User Smartkid
by
8.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.