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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
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 of 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?
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