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On July 14 joseph invested $12000 in a fund that was growing at 5% compound semi annually Calculate the future value of the fund on march 15 2014
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Gdp has grown in a country at 3% per year for the last 20 years. the labor force has grown at 2% per year and the quantity of physical capital has grown at 4% per year. a 1% increase in average physical capital per worker (other things equal) raises productivity by 0.3%. average education has not changed. how much has growing physical capital per worker contributed to productivity growth in this country? choose the correct answer from the following choices, and then select the submit answer button. answer choices 0.3% 0.6% 3.0% 6.0%
Answers: 1
On July 14 joseph invested $12000 in a fund that was growing at 5% compound semi annually
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