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A company is expanding its team at a rate of 10% per year. 17 a) Calculate how many members of staff there will be after 1 year if there are initially 200 members of staff.

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Explanation:

If a company is expanding its team at a rate of 10% per year, and it currently has 200 members of staff, we can calculate the number of staff after 1 year using the formula:

number of staff after 1 year = 200 + (10/100) * 200

number of staff after 1 year = 200 + 20

number of staff after 1 year = 220

So, there will be 220 members of staff after 1 year if there are initially 200 members of staff.

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