+0  
 
0
125
1
avatar

The number of employees for a certain company has been decreasing each year by 2%. If the company currently has 690 employees and this rate continues, find the number of employees in 13 years

 Feb 4, 2021
 #1
avatar+118470 
+1

A 2% decrease  means   that   every successive year, the number of  employees is 98%  = .98 of the  previous year

 

So

 

690  (.98)^13   ≈  531 employees after 13 years

 

cool cool cool

 Feb 4, 2021

13 Online Users

avatar
avatar
avatar