Question: The current price on a 60-inch flat panel LCD TV is $2,300. Big screen HD TV prices have dropped at an average rate of 9%
The current price on a 60-inch flat panel LCD TV is $2,300. Big screen HD TV prices have dropped at an average rate of 9% per year in recent years. If you expect this trend to continue, how much will this style of TV cost in three years?
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