Ictionopolis has a real GDP per capita of $5,000, which is growing at 10% per year. Sitara has a real GDP per capita of $10,000, which is growing at 5% per year. Real GDP per capita for the two nations will converge in about years.

16 years

Explanation:

ictionopolis has a real GDP per capita of $5,000, which is growing at 10% per year. Sitara has a real GDP per capita of $10,000, which is growing at 5% per year. Real GDP per capita for the two nations will converge in about sixteen years.

YearIctionopolisSitara

1                500010000

2                550010500

3                605011025

4                665511576.25

5                7320.512155.062

6                8052.5512762.81

7                8857.8013400.95

8              9743.5514071.00

9             10717.9414774.55

10             11789.7315513.28

11             12968.7116288.94

12            14265.5817103.39

13             15692.1417958.56

14                17261.35     18856.49

15             18987.49   19799.31

16            20886.24  20789.28

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answerthe above statement is (true);