E. The number of employees for at a certain company has been decreasing each year by 5%. If the company currently has 640 employees and this rate continues, find the number of employees in 7 years. Use either the formula y = c(1 – r)* or y = c(1+r)*. |

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 18T
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Algebra question attached! Thank you!
38. The number of employees for at a certain company has been decreasing each year by 5%. If the
company currently has 640 employees and this rate continues, find the number of employees in 7 years.
Use either the formula y = c(1 – r)* or y = c(1 +r)*.
Transcribed Image Text:38. The number of employees for at a certain company has been decreasing each year by 5%. If the company currently has 640 employees and this rate continues, find the number of employees in 7 years. Use either the formula y = c(1 – r)* or y = c(1 +r)*.
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