Network concepts question Assume that the number of users of the Internet at the beginning of 2015 (January 1) is 250 Million. If the growth of users increases 15% per year, how many users will be using the Internet at the beginning of 2021 (January 1) Can you make sure this answer is correct.   1) We have number of users of the internet at the beginning of 2015 (January 1) is 250 Million.

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Assume that the number of users of the Internet at the beginning of 2015 (January 1) is 250 Million. If the growth of users increases 15% per year, how many users will be using the Internet at the beginning of 2021 (January 1)

Can you make sure this answer is correct.

 

1) We have number of users of the internet at the beginning of 2015 (January 1) is 250 Million.

2) It is expected to grow 15% year

3) Lets evaluate how many user will be using the internet at the beginning of 2021 (January 1)

  • 2015 =  250 Million
  • 2016 =  250 + (250*15/100) = 250+37.5 = 287.5
  • 2017 =  287.5+ (287.5*15/100) = 287.5+43.125 = 330.625
  • 2018 =  330.625 + (330.625*15/100) = 330.625+43.125 = 373.75
  • 2019 =  373.75 + (373.75*15/100) = 373.75+56.0625 = 429.8125
  • 2020 = 429.8125+ (429.8125*15/100) = 429.8125+64.471875 = 494.284375
  • 2021 = 494.284375 +(494.284375*15/100) = 494.284375+74.14265625 = 568.42703125

4) So at the beginning of 2021 we will have 568.42703125 Million internet users

Answer

568.42703125 Million users will be using the Internet at the beginning of 2021 (January 1)

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