a company now has 5000 employees nationwide. it wishes to reduce the number of employees by 300 per year…

a company now has 5000 employees nationwide. it wishes to reduce the number of employees by 300 per year through retirements, until its total employment is 2120. how long will this take? this will take years. (type an integer or a decimal.)

a company now has 5000 employees nationwide. it wishes to reduce the number of employees by 300 per year through retirements, until its total employment is 2120. how long will this take? this will take years. (type an integer or a decimal.)

Answer

Explanation:

Step1: Calculate number of employees to reduce

The company starts with 5000 employees and wants to reach 2120. So the number of employees to reduce is $5000 - 2120=2880$.

Step2: Calculate the number of years

Since 300 employees retire per year, the number of years $t$ it will take is $\frac{2880}{300}$. $t=\frac{2880}{300}=9.6$

Answer:

9.6