SOLUTION: The number of employees for a certain company has been decreasing each year by 5​%. If the company currently has 750 employees and this rate​ continues, find the number

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Question 1104590: The number of employees for a certain company has been decreasing each year by 5​%. If the company currently has 750 employees and this rate​ continues, find the number of employees in 7 years.
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
the current number of employees is:
+750%2A%28+1+-+.05+%29%5E0+=+750+
After 7 yrs:
+750%2A.95%5E7+
+750%2A.69834+=+523.75+
The number of employees in 7 yrs is
524