Question

If employment is expected to increase by 14.8% between 01/2009 and 01/2016 and the employees number 19, 100 in 01/2009, how many total employees will there be in 01/2016?

Answer 1

Based on the rate of increase, the number of employees that will be there in 2016 is 21,927 people.

Number of employees in 2016

This can be calculated by the formula:

= Employees in 2009 x ( 1 + rate of increase)

Solving gives

= 19,100 x (1 + 14.8%)

= 21,926.8

= 21,927 people

In conclusion, there will be 21,927 people in 2016.

Find out more on rates of increase at brainly.com/question/3040628.