Question

help pleasee The number of employees for a certain company has been decreasing each year by 2%. if the company currently has 780 employees and this rate continues, find the number of employees in 13 years.

Answer 1

600

Explanation:

You want the number of employees in 13 years if the current number is 780, and it is decreasing by 2% per year.

Exponential function

The number of employees each year is multiplied by 1.00-2% = 0.98. After 13 years, the current number will have been multiplied by that factor 13 times:

n = 780 · 0.98^13

n = 780 · 0.769022 ≈ 600

The number of employees in 13 years is predicted to be 600.