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You are working as an HR intern at a large property management company. The company has an employee turnover of 1 2 % a year

You are working as an HR intern at a large property management company. The company has an employee turnover of 12% a year and an employee base of 80. You are given the following task: Find (i) how many new employees the company must hire every year, and (ii) the average time an employee spends in the company.

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