Suppose a country's productivity last year was 84.If this country's productivity growth rate of 5% 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

Question

Quizplus · Accepted Answer

If the productivity growth rate is 5%, then this year's productivity will be equal to:
84 + (5% of 84) = 84 + 4.2 = 88.2

Therefore, the best answer choice is (A) 88.2.

Suppose a Country's Productivity Last Year Was 84