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denis-greek
1 month ago
8

Suppose a country's productivity last year was 84. If this country's productivity growth rate of 5 percent is to be maintained,

this means that this year's productivity will have to be______________.
A.88.2.
B.79.8.
C.82.8.
D.78.9.
E.4.2.
Business
1 answer:
Katen [3.5K]1 month ago
7 0
The correct answer is A.88.2. Productivity is projected to increase by 5% each year. Last year's productivity was 84, and with a growth rate of 5%, this year's productivity becomes 84 multiplied by (1+0.05), which calculates to 88.2.
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