A celebrity 50,000 followers on Instagram. The number of follower increases 45% each year. How many followers will they have after 8 years?
We set up a growth equation for followers F(y), where y is the number of years passed since now:
F(y) = 50000 * (1.45)^y <-- since 45% is 0.45
The problem asks for F(8):
F(8) = 50000 * 1.45^8
F(8) = 50000 * 19.5408755063
F(8) = 977,044
We set up a growth equation for followers F(y), where y is the number of years passed since now:
F(y) = 50000 * (1.45)^y <-- since 45% is 0.45
The problem asks for F(8):
F(8) = 50000 * 1.45^8
F(8) = 50000 * 19.5408755063
F(8) = 977,044