The price of a computer component is decreasing at a rate of 12% per year. State whether this decrease is linear or exponential. if the component costs $90 today, what will it cost in three years?

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asked Oct 25, 2021 190k views

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The price of a computer component is decreasing at a rate of 12% per year. State whether this decrease is linear or exponential. if the component costs $90 today, what will it cost in three years?

Mathematics
middle-school

TMtech asked

by TMtech

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Answer:

It is exponential.

Explanation:

90-79.2-69.696-61.33248

After 3 years - 61.3

Sorenkrabbe answered Nov 1, 2021

by Sorenkrabbe

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