Verizon Communications said it plans to spend

$22.9 billion to expand its fiber-optic Internet and television network so that it can compete with cable-TV providers like Comcast Corp. If the company attracts 950,000 customers in year one and grows its customer base by a constant amount of 15% per year, what is the future worth of the total subscription income in year 5? Estimates indicate that income will average $800 per customer per year. Assume Verizon uses a MARR of 10%

per year.