The US had a nominal GDP of 10.3 trillion dollars in 2000. If the US great at an average rate of 3.0 % per year then its compounded GDP at the end of 2015 would have been:
A) 14.7 Tr.
B) 16.0 Tr.
C) 16.3 Tr.
D) 15.6 Tr.
Correct Answer:
Verified
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