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The price of a computer component is decreasing at a rate of 11​% per year. State whether this decrease is linear or exponential. If the component costs ​$60 ​today, what will it cost in three​ years? Is the decline in price linear or​ exponential?

 Sep 17, 2019
 #1
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Use the same reasoning in this one as in the previous question about the price of the car.

 Sep 17, 2019
 #2
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60 ( 1 - .11)^3   ≈  $42.30

 

Exponential (decay)

 

cool cool cool

 Sep 17, 2019

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