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The $1 billion Facebook paid to acquire Instagram in 2012 was based on Instagram's:
Annually Compounded
Pertaining to the calculation and addition of interest to the principal sum once a year, affecting overall growth.
Successive Years
Consecutive years following one immediately after the other.
Missing Interest Rate
An interest rate that is not specified or known in a financial scenario, which may need to be calculated based on other given information.
Missing Interest Rate
The unknown rate of interest in a financial calculation that needs to be determined.
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