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andrew11 [14]
2 years ago
7

if china’s economy maintains a 7% annual growth rate over the next 20 years, about how large will its economy be in 20 years if

its current gdp is $12 trillion?
Business
1 answer:
grin007 [14]2 years ago
3 0

Answer:

If an economy grows at 7% per year, it will take 70 / 7 = 10 years for the size of that economy to double, and so on.

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They should not be able to successfully negotiate the terms of this loan within these parameters.

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It has been provided that RT earns 12% on his current investments and would not like to receive an interest rate of less than 12% on the loan he gives.

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