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Assume real per capita GDP in West Springfield is $10,000 while in East Vice City it is $2,500. The annual growth rate in West Springfield is 2.33%, while in East Vice City it is 7%. How many years will it take for East Vice City to catch up to the real per capita GDP of West Springfield?
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Assume real per capita GDP in West Springfield is $10,000 while in East Vice City it is $2,500. The...
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