A company now has 4900 employees nationwide. It wishes to reduce the number of employees by 300 per

Discussion in 'Calculator Requests' started by math_celebrity, Oct 21, 2016.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    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
     

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