Question

Asked Oct 2, 2019

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According to statista.com, there were 50 million Instagram Monthly Active Users (MAU) in 2012. In 2018 there were 1 billion (1,000 million) Instagram MAU. Find the yearly growth factor of Instagram MAU from 2012 to 2018. Round base to the nearest thousandth. (hint the number of years)

Step 1

Given that

there were

Step 2

To calculate growth factor (G.F)

We know

Step 3

So growth factor can be c...

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