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.)

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.

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