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If an economy is growing at a rate of 2.5% per year, how long will it take the economy to double in size?

If an economy is growing at a rate of 2.5% per year, how long will it take the economy to double in size?
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If an economy is growing at a rate of 2.5% per year, how long will it take the economy to double in size?

User DxTx
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1 Answer

4 votes
By using the 72 rule
72/rate=Time
72÷2.5=28.8 years
User Charlie Burns
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