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    needhelpbaad's Avatar
    needhelpbaad Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 5, 2016, 11:06 AM
    Capsim Acct/Finance Help
    Question: In three years, assuming the competitive environment remains unchanged, how many units of Boat will Baldwin be selling in the Nano market segment?

    Answer Choices: 687, 602, 764, 464

    My Steps:

    Multiplied the units sold for this product (700) times the growth rate which was 14%. I did this for three years and got 1037.0808. This is not an option.

    700*.14 = 98
    700+98- 798 (Year 1)

    798*.14=111.72
    798+111.74=909.72 (Year 2)

    909.72*.14=127.3608
    909.72+127.3608=1037.0808

    Am I misunderstanding where to get the answer from? :( Thank you in advance!
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    Jun 7, 2016, 05:25 AM
    Was 14% the annual growth rate or the total growth rate? I agree the data appears inconsistent but perhaps the product has a short life cycle
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