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Real GDP per capita in the country of Arcadia grew from about $4,708 in 1900 to about $37,138 in
2008 , which represents an annual growth rate of 1.93 percent. If Arcadia continues to grow at this
rate, calculate the number of years when its real GDP per capita will double.

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  • 1. Real GDP per capita in the country of Arcadia grew from about $4,708 in 1900 to about $37,138 in 2008 , which represents an annual growth rate of 1.93 percent. If Arcadia continues to grow at this rate, calculate the number of years when its real GDP per capita will double.