What will be the expected level of sales

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Reference no: EM131482422

Question: 1. A country's population is currently 32 million and is growing continuously at an annual rate of 3.5%. What will the population be in 20 years' time if this rate of growth persists?

2. A company launched a successful new product last year. The current weekly sales level is 56,000 units. If sales are expected to grow continually at an annual rate of 12.5%, what will be the expected level of sales 36 weeks from now? (Assume that 1 year is exactly 52 weeks.)

Reference no: EM131482422

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