This is ChatGPT’s reply: “To estimate the GDP of the US, China and India in 2050 based on different annual growth rates, we can use the compound interest formula: A = P(1+r)n. Where:
A = the future value of investment/asset
P = the present value of investment/asset
r = annual growth rate (as a decimal)
n = number of years
Using this formula:
1 For the US:
• Present GDP in (2022): Approximately $22 trillion.
• Growth rate 2% (0.02)
• Number of years: 2050-2022 = 28 years AUS= 22X (1 + 0.02)28 AUS (almost equal to) 39.79 trillion USD
2 For China:
• Present GDP in (2022): Approximately $17 trillion.
• Growth rate 3% (0.03)
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Bu hikaye BW Businessworld dergisinin April 20, 2024 sayısından alınmıştır.
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