A startup business began with seven employees, and its size has been doubling every 14 months. (a) By what factor will the number of employees increase in 13 months? (b) How many employees will be at the company in five years? (Round to the nearest person.)

A startup business began with seven employees, and its size has been doubling every 14 months. (a) By what factor will the number of employees increase in 13 months? (b) How many employees will be at the company in five years? (Round to the nearest person.)

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...

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Question

A startup business began with seven employees, and its size has been doubling every 14
months.
(a) By what factor will the number of employees increase in 13 months?
(b) How many employees will be at the company in five years? (Round to the nearest
person.)

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