A company now has 4900 employees nationwide. It wishes to reduce the number of employees by 300 per year through retirements, until its total employment is 2560. How long will this take?
Figure out how many reductions are needed
4900 - 2560 = 2340
We want 300 per year for retirements, so let x equal how many years we need to get 2340 reductions.
300x = 2340
Divide each side by 300
x = 7.8 years.
If we want full years, we would do 8 full years
Figure out how many reductions are needed
4900 - 2560 = 2340
We want 300 per year for retirements, so let x equal how many years we need to get 2340 reductions.
300x = 2340
Divide each side by 300
x = 7.8 years.
If we want full years, we would do 8 full years