SOLUTION: A company had 100 employees one year ago. Overall, the number of employees is growing by 10 percent a year; however, exactly 10 percent of the employees leave and are replaced eve

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Question 1042503: A company had 100 employees one year ago. Overall, the number of employees is growing by 10 percent a year; however, exactly 10 percent of the employees leave and are replaced every year.
Referring to the above scenario, how many employees need to be hired during the coming year?

Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
100-10 = 90
90+10+10 = 110 employees need to be hired next year.