Question

The number of employees working for Widget Wonders in 1997 was 17,697, with an expected decrease of 2.2% per year. At the percent of decrease given, what was the expected number of employees working at Widget Wonders in 1998? Round your answer to the nearest whole number.

Answer 1

In 1997 = 17697


Because, each year, the number of employees is expected to decrease by 2.2%, find 2.2% of 17697 and subtract from the number.

2.2/100 x 17697 = 38933.4/100 = 389.334

^that was calculating 2.2% of 17697. Now we subtract:

17697.000
- 389.334
17307.666 =

Round to the nearest whole number = 17308

Answer: in 1998, the expected number of workers is 17308