You have just introduced must have headphones for the iPod S

You have just introduced \"must have\" headphones for the iPod. Sales of the product are expected to be 20,000 units this year and are expected to increase by 18% in the future. What are the expected sales in each of the next three years? If the 20,000 units were expected to increase by 20% a year, what are the expected sales next year for this product?

Solution

Answer: Sales of the product are expected to be 20,000 units this year and are expected to increase by 18% in the future.

If the 20,000 units were expected to increase by 20% a year, what are the expected sales next year for this product?

=20000*1.20=24000