You want to have $1 million in your savings account when you retire. you plan on investing a single lump sum today to fund this goal. you will earn 7.5 percent annual interest. which of the following will reduce the amount that you must deposit today if you are to have your desired $1 million on the day you retire?

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%