The average annual economic growth rate in Singapore over the 22.00 years from 1957 to 1979 was 3.20%.
<h3>What is
average annual economic growth rate (AAGR) ?</h3>
The average annualised return of a portfolio, asset, or cash flow over time is known as the average annual growth rate, or AAGR.
The basic arithmetic mean of a set of returns is used to calculate AAGR.
Calculation for average annual economic growth rate:
Real per capita GDP in Singapore in 1957 was about $400 and it doubled to about $800.00 by 1979 over the period of 22 years.
Growth rate = 
The last value = $800
The initial value = $400
n = number of years
Growth rate = 
= 
= 1.032 - 1
= 0.032
Growth rate % = 0.032×100
= 3.2%
Therefore, the growth rate in Singapore over 22 years are 3.2%.
To know more about Gross domestic product (GDP), here
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Answer:
Materiality of the assets
Explanation: Materiality is known to as misstatements, including omissions, and these are considered to be material if they, individually or in the aggregate, could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.
Answer:
I think it's 3 but i don't know for sure also can you give me brainlist if I'm right please I really need it
Answer:
Total cost of project $123,025
Explanation:
The total cost of the project would be the sum of the labour cost of the three consultants and the overhead charged to the project.
So, we can compute the total cost of project as follows:
Labour cost $
Senior consultant (175× 120) = 21,000
Other consultants (130× 350) = <u> 45,500 </u>
Total labour cost 66,500
Overhead (85%× 66,500) <u> 56,525 </u>
Total cost of project <u>123,025</u><u> </u>
