Quotient of $\mathbb{R^*}$ by cyclic group product For any $k \in \mathbb{R^*}, \langle k\rangle$ is a normal subgroup.
Consider the case $k \neq 1, k>0$. Then, via the surjective homomorphism $$\varphi: \mathbb{R^*} \to \mathbb{T}\times\{\pm1\}, \quad x\mapsto (e^{2\pi i\cdot \log_{k}(|x|)}, \: \textrm{sign}(x))$$
$$\implies \mathbb{R^*}/\langle k\rangle \simeq \mathbb{T} \times\{\pm1\}.$$
by the First Isomorphism Theorem (where $\mathbb{T}$ is the circle of unit radius in the complex plane).
But for any $M, N \trianglelefteq  G$, $$\langle M, N\rangle = MN \trianglelefteq G$$
$$\implies \langle k_1,...,k_n\rangle \trianglelefteq \mathbb{R^*}. $$
There turns out to be a few different cases for $n=1$, so suppose that $k_1, ... k_n \in \mathbb{R^*},$ with $k_i \neq 1, k_i >0$.
To which group is $\mathbb{R^*}/\langle k_1,...,k_n\rangle$ isomorphic? I can't spot a friendly homomorphism for this one so easily.
 A: Dealing with quotients of $\Bbb{R}_{>0}$ only. Isolating the effect of the factor $\langle -1\rangle\simeq C_2$ should pose no problems.
By uniqueness of positive roots of positive numbers we see that the multiplicative group $\Bbb{R}_{>0}$ is actually isomorphic to the additive group of the vector space $V$ over $\Bbb{Q}$ with uncountable dimension. See Hurkyl's old answer. Alternatively, we see that the multiplicative group $\Bbb{R}_{>0}$ becomes a 1-dimensional vector space over $\Bbb{R}$, if we define the scalar multiplication by $\alpha\star x=x^\alpha$,
for all $x>0$ and all $\alpha\in\Bbb{R}$. The singleton set $\{e\}$ is obviously a basis. We can then restrict the scalar multiplication to $\Bbb{Q}$ as we want to only use the structure of a vector space over $\Bbb{Q}$.
The subgroup $G=\langle k_1,\ldots,k_n\rangle$ is a torsion free finitely generated abelian group, hence a free $\Bbb{Z}$-module. So $G$ has a $\Bbb{Z}$-basis $\mathcal{B}$. Assuming the axiom of choice we can extend $\mathcal{B}$ to a $\Bbb{Q}$-basis $\mathcal{C}$ of $V$. Clearly $\mathcal{C}$ is an uncountable set. As $\mathcal{B}$ is finite, $\mathcal{C}\setminus\mathcal{B}$ has the same cardinality as $\mathcal{C}$.
Let $m=|\mathcal{B}|$ be the rank of $G$. It follows that we have an isomorphism
$$
V/G\simeq (\Bbb{Q}/\Bbb{Z})^m\times V',
$$
where $V'$ is the $\Bbb{Q}$-space spanned by $\mathcal{C}\setminus\mathcal{B}$. Cardinality of a basis dictates the isomorphism type of a vector space, so actually $V'\simeq V$.
We have shown that
$$\Bbb{R}_{>0}/\langle k_1,k_2,\ldots,k_n\rangle\simeq (\Bbb{Q}/\Bbb{Z})^m\times\Bbb{R}_{>0}$$
for some positive integer $m\le n$. On the right hand side the group structure is addition in the first factor and multiplication in the second.
The catch is that because AoC was invoked, it is impossible to describe this isomorphism explicitly. We can only deduce that one exists.

It may be mildly counterintuitive that $\Bbb{R}_{>0}$ appears as a factor of its proper quotient group, but infinite dimensional spaces sometimes behave in surprising ways.
If we discard the axiom of choice, then ... I don't know what happens :-)
