SOLUTION: The national wealth of a country increases by 4% of its value at the beginning of every year.find the national wealth of a country in 1985,if it was estimated at rs. 3.125*10*12in
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Question 1102378: The national wealth of a country increases by 4% of its value at the beginning of every year.find the national wealth of a country in 1985,if it was estimated at rs. 3.125*10*12in every year
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
Question not clear. I can answer what was the national wealth in 1985 if in 2015 it was estimated at 3.125*10^12 (not 10*12, which would be too small).
3.125*10^12=Po(1+.04)^30; 1.04^30=3.243, but round only at end
divide both sides by 3.243
Po(1985)=9.635*10^11
If the question is different, resubmit, but that is how one would work back.
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