Produce a graph comparing the total customer base under each of the two scenarios described below. You have an idea for a new web service that offers customized workouts for subscribers. Build a spreadsheet to calculate: a. the number of new customers each month, and b. the total customer base (cumulative number of customers signed up) each month. Model projections for 60 months using these two scenarios: a. Total market potential is 1,000,000 customers. Each month you sign up 2% of customers in the market that have not yet signed up. b. Total market potential is initially 1,000,000 customers but grows at 1% per month. Each month you sign up 2% of customers in the market that have not yet signed up.
Produce a graph comparing the total customer base under each of the two scenarios described below. You have an idea for a new web service that offers customized workouts for subscribers. Build a spreadsheet to calculate: a. the number of new customers each month, and b. the total customer base (cumulative number of customers signed up) each month. Model projections for 60 months using these two scenarios: a. Total market potential is 1,000,000 customers. Each month you sign up 2% of customers in the market that have not yet signed up. b. Total market potential is initially 1,000,000 customers but grows at 1% per month. Each month you sign up 2% of customers in the market that have not yet signed up.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Please show how to do this problem using excel, Show all of the formulas you use plese
Transcribed Image Text:Produce a graph comparing the total customer base under each of the two scenarios described
below.
You have an idea for a new web service that offers customized workouts for subscribers. Build
a spreadsheet to calculate:
a. the number of new customers each month, and
b. the total customer base (cumulative number of customers signed up) each month.
Model projections for 60 months using these two scenarios:
a. Total market potential is 1,000,000 customers. Each month you sign up 2% of
customers in the market that have not yet signed up.
b. Total market potential is initially 1,000,000 customers but grows at 1% per month.
Each month you sign up 2% of customers in the market that have not yet signed up.
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