fINISH in 30 min

Question 15 {1i} pointsl Take the Solow growth model where k denotes the stock of capital per worker tk=KfNjL Suppose that the population growth rate is n=l11 and that N=Id,dm in period 1. Finally, assume that the transition equation is given by k' = 0.2 fl? + {1.9}; la} Suppose that capital per worker in period 1 [denoted k1] is equal to 9. Calculate the values of k in periods 2 and 3. Show your work