sterlingmerrell
sterlingmerrell sterlingmerrell
  • 28-06-2017
  • Mathematics
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According to the rule of 72 if the GDP of apex federation is growing at 1.7% per year it's economy will double in approximately how many years

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 28-06-2017
Hi there

the rule of 72 says
72/rate=time. To be double
So
72÷1.7=42.4 years
round your answer to get 42 years

Note that the rate is 1.7 not 0.017 as a decimal

Good luck!
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