You have just introduced “must-have” headphones for the iPod. Sales of the new product are expected to be 10,000 units this year and are expected to increase by 15 percent per year in the future. What are expected sales during each of the next three years? Graph this sales trend and explain why the number of additional units sold increases every year.
Answer to relevant QuestionsIf you deposit $3,500 today into an account earning an 11 percent annual rate of return, what would your account be worth in 35 years (assuming no further deposits)? In 40 years?What is the present value of the following future amounts?a. $800 to be received 10 years from now discounted back to the present at 10 percentb. $300 to be received 5 years from now discounted back to the present at 5 ...In March 1963, Ironman was first introduced in issue number 39 of the comic book Tales of Suspense. The original price for that issue was 12 cents. By March of 2013, 50 years later, the value of this comic book had risen to ...Kirk Van Houten, who has been married for 23 years, would like to buy his wife an expensive diamond ring with a platinum setting on their 30-year wedding anniversary. Assume that the cost of the ring will be $12,000 in ...After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at 12 percent compounded monthly or from a bank at 13 percent compounded annually. Which alternative ...
Post your question