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Gross Domestic Product (GDP) is a flow measure of the value of finished goods and services produced within a country's borders in a specific time period. GDP is typically calculated on an annual basis.

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Assume that the annual growth GDP per capita is 2%, how much will the real GDP per capita increase in 10 years. I know the manual way is to take 2 percent every years. For example after 1 year … would be (100 x 2 )/100 = 2. So it would be a total of 102. Is there a formula to calculate the percent after 10 years? Let’s say that China’s per capita GDP grow 9% a year for the next 16 years and 6% a …
asked Feb 26 '18 by Neil