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8 May, 12:12

The price of a computer component is decreasing at a rate of 15% per year. If the component costs $110 today, what will it cost in 3 yrs?

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  1. 8 May, 14:09
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    A = p (1 -.15) ^t

    A = 110 (.85) ^3

    A = $67.55
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