Question
On January 1, 2019, an influencer had 62,000 followers on Instagram. On Feb 1, 2019, he had 12% more followers than he had in January.
On January 1, 2019, an influencer had 62,000 followers on Instagram. On Feb 1, 2019, he had 12% more followers than he had in January. With marketing, the influencer wants to continue to increase by 12% each month over the previous month.Please show all steps involved in the process. Thanks.
A. Find the explicit formula (general rule) for a sequence of the number of followers he hopes to have each month, starting with a1 representing the amount in the first month, January 1, 2019.
B. According to this sequence how many followers will the influencer have in January 2021?
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