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y = 1.665 · 1012(1.0317)29

Multiply the GNP in 1960 by 1.0317 twenty-nine times.

The GNP in 1989 is 4.116 · 1012 dollars.

Remember that the GNP increases by 3.17% each year.

y = 1.66(1012)(1.0317)t

If you don’t know or you aren’t sure, try looking it up on the internet. Look for a graph. You could enter GNP USA into a search engine.