An Internet service provider had a total of 17,156 customers last year they gained a net of 1802 customers in this year they hope to reach at least 35,000 customers in 10 years estimate the number of customers they need to reach their goal
To estimate the number of customers the internet service provider needs to reach their goal of 35,000 customers in 10 years, we can calculate the average annual growth rate needed to achieve this:
First, we find the total number of customers gained in the past year:
17,156 + 1802 = 19,958
Next, we calculate the average annual growth rate:
[(35,000 - 19,958) / 10] = 3054.2
Therefore, the internet service provider needs to gain approximately 3,054 customers annually in order to reach their goal of 35,000 customers in 10 years.