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 users. Find the yearly growth factor of instagram MAU from 2012 to 2018. Round base to the nearest thousandth. (hint: note the number of years.)

Question
Asked Sep 30, 2019

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 users. Find the yearly growth factor of instagram MAU from 2012 to 2018. Round base to the nearest thousandth. (hint: note the number of years.)

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Expert Answer

Step 1

Number of monthly active user in 2012 is 50 million.

In 2018 the number of monthly active user is 1000 million.

Step 2

The yearly growth factor of instagram MAU from 2012 to 2018.

le...

t 0; User 50millions
50 ae
50 a
t 6; User 1000 millions
1000 ae
1000 a(403.4288)
1000
a
403.4288
a 2.4788
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t 0; User 50millions 50 ae 50 a t 6; User 1000 millions 1000 ae 1000 a(403.4288) 1000 a 403.4288 a 2.4788

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