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You would like to show how the number of faculty at the end of year 10 depends on the quit rate and number of annual

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You would like to show how the number of faculty at the end of year 10 depends on the quit rate and number of annual hires. We would like for example, to have cell L10 give the number o ending Year 10 faculty if we hire 1 faculty member a year and 10% quit each year. Using the information in the spreadsheets below, what formula would be entered in cell J9? Please do not put any unnecessary spaces or (0 in your response. VLOOKUP(E6,$D$8:$ 3 Quit rate 4 Hires per year S Starting number of facutly 0.05 0.1 0.15 0.2 Starting Ending 14 15 taculty Hires taculty 8 Year 72 76 72 12 13 63 663 761 s 59 9 57 10 15 17 19

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