Question: Linear or Exponential? State whether the growth (or decay) is linear or exponential and answer the associated question. The price of computer is decreasing at

Linear or Exponential? State whether the growth (or decay) is linear or exponential and answer the associated question.

The price of computer is decreasing at a rate of 15% per year. If a memory chip costs $50 today what will it cost in three years.

The answer is exponential.

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