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Why is the market size after three years is 12.1 shouldn't it not be 13.31

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Sidi
Coach
on Aug 24, 2020
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 400+ candidates secure MBB offers

Hi Mat,

Yes. 12.1m € should the market size after 2 years. This is an error in the solution.

Cheers, Sidi

on Aug 24, 2020
Thanks Sidi
Anonymous A
on Sep 07, 2020
I think that you should calculate growth from year 2 only, year 1 is 10M, year 2 is 11M, year 3 is 12,1M
Ian
Coach
on Aug 24, 2020
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi,

You appear to be correct.

12.1 is if the growth is compounded after just 2 years, whereas the case asks for the market size after 3 years (i.e. 13.31)

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