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Nadya [2.5K]
4 years ago
15

If a country's debt to gdp ratio is currently 5% and its debt is expected to grow from 20 billion to 40 billion dollars in the n

ext 25 years, what will the country's gdp have to be in 25 years to maintain the current debt to gdp ratio?
A: 1 billion dollars
B: 400 billion dollars
C: 2 billion dollars
D: 800 billion dollars
Mathematics
1 answer:
Eva8 [605]4 years ago
3 0

Answer:

I think its C 2 billion dollars

Step-by-step explanation:

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Step-by-step explanation:

Hi, to answer this question we have to analyze exponential function:

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Replacing with the values given:

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