The price of a computer component is decreasing at a rate of 15% per year. State whether this decrease is linear or exponential. If the component costs $70 today, what will it cost in three years?

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asked Feb 22, 2023 95.2k views

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The price of a computer component is decreasing at a rate of 15% per year. State whether this decrease is linear or exponential. If the

component costs $70 today, what will it cost in three years?

Mathematics
college

Wei Li asked

by Wei Li

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5 votes

I believe that the answer is 155

Anton Harniakou answered Mar 1, 2023

by Anton Harniakou

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