Chapter 7, Problem 34P

Say that the average worker in Canada has a productivity level of $\$\text{3}0$ per hour while the average worker in the United Kingdom has a productivity level of $\$\text{25}$ per hour (both measured in U.S. dollars). Over the next five years, say that worker productivity in Canada grows at $\text{1}\%$ per year while worker productivity in the UK grows $\text{3}\%$ per year. After five years, whiz) will have the higher productivity level, and by how much?