ShugarLove5381 ShugarLove5381

10-03-2020
Business

contestada

A nation’s average annual real GDP growth rate is 3%. Based on the "rule of 72," the approximate number of years that it would take for this nation’s real GDP to double is_________

Respuesta :

ewomazinoade ewomazinoade

12-03-2020

Answer:

24 years

Explanation:

The rule of 72 is used to determine how long it would take an investment to double.

Time = 72 / r

72 / 3= 24 years

I hope my answer helps you

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