If Coca-Cola’s worldwide growth were to continue at the same growth rate as it did in Germany between 1939 and 2008, when sales grew at the rate of 10.26%, its hypothetical sales in France in 2053 (42 years from 2011) would be approximately _______ billion cases. (Note: For this question, ignore other factors that affect sales)
a. 180.8
b. 203.4
c. 226.0
d. 271.2

Respuesta :

Answer: 129 billion cases

Explanation:

In 2011, Coke sold 8% of 26.7 billion cases in France. The amount they sold was;

= 8% * 26,700,000,000

= 2,136,000,000‬ cases.

Assuming a growth rate of 10.26%, the amount sold in 2053 will be;

= 2,136,000,000‬ * ( 1 + 10.26%) ^ 42

= 129,168,539,888.49

= 129 billion cases

Answer is not in options either due to the options not being for this question or this additional data not being for this question. Answer should provide a frame of reference though.