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24 November, 05:09

Assume the membership of a social media site is increasing at a rate of 7% per year. If the social media site has 7,000,000 members today, how many members will they have in 4 years?

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  1. 24 November, 08:31
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    7% of 7,000,000 is 490,000 (This is year 1)

    7% of 7,490,000 is 524,300 (This is year 2)

    7% of 8,143,000 is 570,010 (This is year 3)

    7% of 8,713,010 is 609,911 (This is year 4)

    At the end of 4 years, the number of users is 9,322,921 members.
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