Question
As of 2013, Turkey's GDP (Gross Domestic Product) is $821,800 million and Canada's GDP is $1,825,000 million. Assuming Canadian GDP continues to grow at an
As of 2013, Turkey's GDP (Gross Domestic Product) is $821,800 million and Canada's GDP is $1,825,000 million. Assuming Canadian GDP continues to grow at an annual rate of 3.2% over the next 10 years. What should be the growth rate for Turkey's GDP to be equal to Canadian GDP in 10 years?
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
