Australia's real gdp was 815 billion dollars in 2005 and 841 billion dollars in 2006. australia's population growth rate in 2006 was 1.24 percent. calculate the growth rate of real gdp and the growth rate of real gdp per person in australia in2006. the growth rate of real gdp in australia in 2006 was percent. answer to 1 decimal place. the growth rate of real gdp per person in australia in 2006 was percent. answer to 1 decimal place. the approximate number of years it takes for real gdp per person in australia to double if the 2006 growth rate of real gdp and population growth rate are maintained is . answer with a whole number.

Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?