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An economy growing at a steady rate of 3 percent per year doubles in size approximately every __________ years.
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An economy growing at a steady rate of 3 percent per year doubles in size approximately every __________ years.

User Murtza Gondal
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4 votes

Answer:

24

Step-by-step explanation:

The rule of 72 can be used to calculate how many years it would take an economy to double given its growth rate

rule of 72 = 72 / growth rate

72 / 3 = 24 years

User Valery Kvon
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