Suppose k₀ = 100 and assume it grows at a constant rate $\bar { g } _ { X } = 2$ percent per year. If $y _ { t } = k _ { t } ^ { 1 / 3 } ,$ What is the approximate value of y in 50 years? A) $y _ { 50 } = 269$ B) $y _ { 50 } = 6.45$ C) $y _ { 50 } = 5.38$ D) $y _ { 50 } = 1.11$ E) Not enough information is given.

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The Answer of Suppose k₀ = 100 and assume it grows at a constant rate $\bar { g } _ { X } = 2$ percent per year. If $y _ { t } = k _ { t } ^ { 1 / 3 } ,$ What is the approximate value of y in 50 years? A) $y _ { 50 } = 269$ B) $y _ { 50 } = 6.45$ C) $y _ { 50 } = 5.38$ D) $y _ { 50 } = 1.11$ E) Not enough information is given.

Suppose K0 = 100 and Assume It Grows at a Constant

Suppose K₀ = 100 and Assume It Grows at a Constant