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How many widgets do you expect to sell in 5 years

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Reference no: EM133254077

Suppose your company expects to increase unit sales of widgets by 15% per year for the next 5 years. If you currently sell 3 million widgets in one year, how many widgets do you expect to sell in 5 years?

• Formula Approach

• FV = 3,000,000(1.15)5 = 6,034,072 units

• Calculator Approach •5N

• 15I/Y

3,000,000 PV

CPT FV = -6,034,072 units

Reference no: EM133254077

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