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work 1 i GDP per capita in the United States was approximately $60,000 in 2019 Use the growth formula to answer the following questions: a.

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work 1 i GDP per capita in the United States was approximately $60,000 in 2019 Use the growth formula to answer the following questions: a. What will it be in the year 2025 if GDP per capita grows each year by 0 percent? GDP in 2025 b. What will it be in the year 2025 if GDP per capita grows each year by 3 percent? GDP in 2025 Growth formula: (Future value) = (present value)"(1 + r)at present value = this year's GDP per capita future value = GDP per capita in the future r = rate of growth (in decimal form) per year t = number of years of growth

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