document.write( "Question 397653: The gross domestic product, or GDP, of the United States was about $10.99 trillion in 2003. Assume that the GDP grows 3.1% each year. Use an exponential model to find which percent best describes the GDP growth that occurs over 18 years? \n" ); document.write( "

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The gross domestic product, or GDP, of the United States was about $10.99 trillion in 2003.
\n" ); document.write( "Assume that the GDP grows 3.1% each year. Use an exponential model to find which percent best describes the GDP growth that occurs over 18 years?
\n" ); document.write( "----\r
\n" ); document.write( "\n" ); document.write( "To find the percent growth: (1.031)^18 = 1.73
\n" ); document.write( "The percent growth is 73%
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H. \n" ); document.write( "

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