What is the eighth term in the following sequence?
2 answers:
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Answer:
The number of employees in 8 years is 442
Step-by-step explanation:
Given:
Decreasing rate = 7%
Current number of employees = 790
To Find:
The number of employees after 8 years is this same rate continues =?
Solution:
Let the number of employees after 8 years be x
The current number of employees is:
---------------------------------(1)
since the decrase rate is 7% we use 0.07
So after 8 years , eq (1) can be rewritten as
x= 442.005
x= 442 (approx)