C-Cell Electric sells fuel cells with current year’s sales projected to be $600 million. The company is developing a new product, the Electric T roadster, and within the next few years, the company anticipates entering the car market with its Electric T. The company expects sales of Electric T to be $100 million in the year in which it enters the car sales market. Assuming an annual sales growth of 10% for both products (its fuel cells and Electric T car), create a model that accepts as input the year Electric T enters the market. Have your model compute the annual sales for the company from the current year to 2031.

Answer rating: 100% (QA)

Assumuing The sale starts from different years Projected Sales Year Fuel Cell Electric T Annual Sale... View the full answer