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China's per capita GDP was 1250.24 yuan in 1952 and 5196.5 yuan in 2004. What is the average annual growth rate of per capita GDP in these 52 years? How to calculate? Write the formula clearly What's the difference between your answers? It's 6.07% in the book
G = (5196.5 / 1250.24) ^ (1 / 52) = 1.02778, the growth rate is g-1 = 2.778% GDP in 2004 divided by GDP in 1952, and then open 52 power, get 2.778% compound growth rate. From the mathematical sense, it is such an algorithm. In Excel, input "= (5196.5 / 1250.24) ^ (1 / 52)", can calculate G
From the 1950s to the early 1980s, what is the general trend of the average annual growth rate of US GDP
General trend: steady growth
China's GDP rose from 9921.46 billion yuan to 51932.2 billion yuan. What is the average annual growth rate?
Friend, you first give time, which year to which year, I will help you calculate
I found it,
GDP 9921.46 billion yuan in 2000
51932.2 billion yuan in 2012
That's good. The average growth rate in 12 years is 14.8%
For calculation of this type of interest, please refer to the final compound interest calculation table
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