Initial real per capita gdp of countries, Accounting Basics

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Initial real per capita gdp of countries

Question: Suppose the initial real per capita GDP of countries A, B and C are respectively 20, 20 and 40 thousand dollars. If their annual growth rates are respectively 3.2%, 5.2% and 1%, how many years it will take for countries A and B to converge to country C? Round your answer to the nearest first decimal.

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Accounting Basics: Initial real per capita gdp of countries

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