A startup business began with eight employees, and its size has been doubling every 13 months. (a) By what factor will the number of employees increase in 17 months? (b) How many employees will be at the company in four years? (Round to the nearest person.)

A startup business began with eight employees, and its size has been doubling every 13 months. (a) By what factor will the number of employees increase in 17 months? (b) How many employees will be at the company in four years? (Round to the nearest person.)

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter9: Sequences, Probability And Counting Theory

Section: Chapter Questions

Problem 18PT: To allocate annual bonuses, a manager must choose his top four employees and rank them first to...

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2. A startup business began with eight employees, and its size has been doubling every 13 months.

(a) By what factor will the number of employees increase in 17 months?

(b) How many employees will be at the company in four years? (Round to the nearest person.)

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