An e-market company is planning to expand into two new markets, on the basis of a broad market research, the expectations for each market are As follows: Market 1: The number of customers will increase by 800 each year. Market 2: The number of customers will increase by 7% every year. If at the beginning of 2007 the number of customers is 3200 in market 1 and 7600 in market 2, then Use a series to calculate for each market: Number of new customers in 2020 Number of clients in 2020.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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An e-market company is planning to expand into two new markets, on the basis of a broad market research, the expectations for each market are
As follows:
Market 1: The number of customers will increase by 800 each year.
Market 2: The number of customers will increase by 7% every year
If at the beginning of 2007 the number of customers is 3200 in market 1 and 7600 in market 2, then
Use a series to calculate for each market:
Number of new customers in 2020
Number of clients in 2020.
Transcribed Image Text:An e-market company is planning to expand into two new markets, on the basis of a broad market research, the expectations for each market are As follows: Market 1: The number of customers will increase by 800 each year. Market 2: The number of customers will increase by 7% every year If at the beginning of 2007 the number of customers is 3200 in market 1 and 7600 in market 2, then Use a series to calculate for each market: Number of new customers in 2020 Number of clients in 2020.
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