Question
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
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 one year 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 avarage $800 per customer per year, assume verizon uses a MARR of 10% per year
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