An internet service provider had a total of 17,156 customers last year. They gained a net of 1,802 customers this year. They hope to reach at least 35,000 customers in ten years. Estimate the number of customers they need to reach their goal?????? please help me

1 answer

To estimate the number of customers the internet service provider needs to reach their goal in ten years, we will consider their current customer base and the net customer growth rate.

Current number of customers: 17,156
Net customer growth this year: 1,802

To estimate the future number of customers, we can use the growth rate as an average growth rate per year. Hence, the average annual growth rate is:

(1,802 customers) / (1 year) = 1,802 customers/year

Using this average growth rate, we can estimate the number of customers in ten years by multiplying the growth rate by the number of years:

(1,802 customers/year) x (10 years) = 18,020 customers

By adding the estimated number of customers after ten years to the current number of customers, we can find the total estimated number of customers after ten years:

17,156 customers + 18,020 customers = 35,176 customers

Therefore, the internet service provider needs around 35,176 customers to reach their goal of at least 35,000 customers in ten years.