To find the number of employees in 11 years, we need to multiply the current number of employees (530) by the rate of decrease (0.95) for each year:
Number of employees in 11 years = 530 * (0.95)^11
Using a calculator, we find that the number of employees in 11 years will be approximately 359.18 (rounded to the nearest whole number), or 359 employees.
The number of employees of a certain company has been decreasing each year by 5%. If the company currently has 530 employees and this rate continues, find the number of employees in 11 years.
Question content area bottom
Part 1
The number of employees in 11 years will be
enter your response here.
1 answer