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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 costs70 ​$ ​today, what will it cost in three​ years?

Respuesta :

mathmate

Answer:

In three years, cost (Value) = 47.70

Step-by-step explanation:

When the decrease is relative to the last value, it is exponential.

Depreciations are usually exponential.

In three years,

Value = 70*(1-0.12)^3

= 47.70

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