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You have just introduced "must have" headphones for the iPod. Sales of the new product are...

You have just introduced "must have" headphones for the iPod. Sales of the new product are expected to be 30,000 this year and are expected to increase by 15% per year in the future. What are expected sales during each of the next 3 years? Graph this sales trend and explain why the number of additional units sold increases every year.

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Answer #1

The expected sales are

Year Sales
1 30000
2 34500
3 39675
4 45626

The number increases since there is an increase in the units sold by 15% each year due to rising demand for the Ipod.

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