Suppose the Annual Growth Rate of GDP in Nepal Is

question 121

Multiple Choice

Suppose the annual growth rate of GDP in Nepal is 5 percent. In 35 years, GDP in Nepal will double

• A) 1.75 times.
• B) 2.5 times.
• C) 7 times.
• D) 24.5 times.

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Definitions:

Reduction

The act of making something lesser in size, amount, or degree.

Equals

Signifies that two quantities or expressions have the same value.

Final Value

Refers to the value of an investment or payment at the end of a specified period, accounting for interest or growth.

Fraction

A mathematical expression that represents the division of one quantity by another.