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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
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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

User Rodrigo Bastos
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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
User Smartkid
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