I have an algebra problem which is giving me headaches.(adsbygoogle = window.adsbygoogle || []).push({});

L_{t}= S_{t}

L_{t}= K_{t+1}- K_{t}

S_{t}= s * Y_{t}

K_{t}= k * Y_{t}

K_{0}= 200, s = 0.3, k = 2

Prove that K_{t+1}= 1.15 * K

Thanks.

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# Homework Help: Algebra problem

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