Check my work ($50 - $10,000) 2,000.00 un Growth Rate: 1% W 0.1% 10.0% N 35.4 yrs BECALCULATIONS 5 10 15 20 25 30 35 40 Years Value in Country-X Country-Y 10 years $1,343.92 $2,209.24 20 years $1,806.11 $2,440.38 Country-X Country-Y 30 years $2,427.26 $2,695.70 Instructions: Modify the settings in the interactive tool as needed to answer the questions below. Suppose countries X and Y current have the same level of production. If country X grows at 3.5% and country Y grows at 7%... a) How long will it take for country X's production to double? years (report your answer to one decimal place) b) How long will it take for country Y's production to double? years (report your answer to one decimal place) c) When country X's production has doubled, how much larger will country Y's production be? O they will still be equal O four times as large O half as large O twice as large d) Use the interactive tool to estimate how long will it take for country X's production to be three times as large as country Y's production. years (round your estimate to a whole number) HOLDON W ENG @ ) 5:28 PM 4/21/2022 11