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can u also explain the equation plz

In Lecture 1, we learned that the gap in average incomes between First Nations individuals (on reserve) and non-Indigenous individuals has been roughly 0.5 over the period 2005-2010. Using the following equation 1. where Y, is the income of an individual at time t, Yo is the initial income of the individual, and r is the rate of growth of income over the period 0 to t, if the gap is 0.5, and if non-Indigenous incomes are growing at a rate of about 2% per year, how fast must First Nations (on reserve) incomes grow to reach parity (a ratio of 1:1 for First Nations: Non-Indigenous incomes) in 10 years?

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Msed in care if a vaiaiole such won - mdi aero To reach pailv Y

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