Given:
Current price of computer processor = $69.00
It is expected that in 8 months the processor will cost 1/3 its current price.
To find:
The cost of the computer processor after 8 months.
Solution:
According to the given question,
![\text{Price after 8 months}=(1)/(3)* \text{Current Price}](https://img.qammunity.org/2021/formulas/mathematics/high-school/1g4a2xxv3tr8pvim3pt1q8i1dglum2h7v1.png)
![\text{Price after 8 months}=(1)/(3)* 69](https://img.qammunity.org/2021/formulas/mathematics/high-school/t2rjhq154n30hsob2rfje2r58j1w7sn90e.png)
![\text{Price after 8 months}=13](https://img.qammunity.org/2021/formulas/mathematics/high-school/elcggs65e4qf2t2fwqmo3h6z0g03fo95si.png)
Therefore, the cost of the computer processor after 8 months is $13.00.