An economy starts off with a gdp per capita of 12,000 euros. how large will the gdp per capita be if it grows at an annual rate of 3% for 10 years? 3% for 30 years? 6% for 30 years?

GDP: 12,000 euros

Annual rate: 3%

Year 1: 12,000 * 0.03 = 360

Year 2: 12,360 * 0.03 = 370.8

Year 3: 12,730.80 * 0.03 = 381.92

Year 4: 13,112.72 * 0.03 = 393.38

Year 5: 13,506.10 * 0.03 = 405.18

Year 6: 13,911.28 * 0.03 = 417.34

Year 7: 14,328.62 * 0.03 = 429.86

Year 8: 14,758.48 * 0.03 = 442.75

Year 9: 15,201.23 * 0.03 = 456.04

Year 10: 15,657.27 * 0.03 = 469.72

1. After 10 years, the GDP per capita growing at an annual rate of 3% will be 16.126.99 Euros

For calculating the future GDP for 30 years at an annual rate of 3%, we will use the following formula:

Future GDP= Current GDP * (1 + Annual rate) ^ Time in years or periods

Future GDP = 12,000 * (1 + 0.03) ^ 30

Future GDP = 12,000 * (1.03) ^ 30

Future GDP = 29,127.15

2. After 30 years, the GDP per capita growing at an annual rate of 3% will be 29,127.15

For calculating the future GDP for 30 years at an annual rate of 6%, we will use the following formula:

Future GDP= Current GDP * (1 + Annual rate) ^ Time in years or periods

Future GDP = 12,000 * (1 + 0.06) ^ 30

Future GDP = 12,000 * (1.06) ^ 30

Future GDP = 68,921.89

3. After 30 years, the GDP per capita growing at an annual rate of 6%, will be 68,921.89 Euros.

well since twins have about the same dna they dont have one think in common which is the figer print. nobodys fingerprint is the same. if your using twin you would most likely get around the same results for both of them because of the genetics.. i hope this