Question

a new social media sit is increasing its user base by approximately 4% per month. If the site currently has 35.930 users, what will the approximate user base be 10 months from now?

Answer 1

The approximate user base of the social media site 10 months from now would be approximately 52,374.

Explanation:

To calculate the approximate user base of the social media site 10 months from now, considering a 4% increase per month, we can use the following steps:

1. Calculate the monthly growth factor: 1 + (4% / 100) = 1 + 0.04 = 1.04

2. Apply the growth factor to the current user base for each month:

Month 1: 35,930 * 1.04 = 37,387.2 (approx.)

Month 2: 37,387.2 * 1.04 = 38,868.49 (approx.)

...

Month 10: Previous Month * 1.04

By repeating this calculation for each month, we can determine the approximate user base 10 months from now.

Month 1: 37,387.2

Month 2: 38,868.49

Month 3: 40,391.33

Month 4: 41,957.61

Month 5: 43,569.34

Month 6: 45,228.24

Month 7: 46,936.32

Month 8: 48,695.44

Month 9: 50,507.45

Month 10: 52,374.40 (approx.)

Therefore, the approximate user base of the social media site 10 months from now would be approximately 52,374.