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Linear or Exponential? State whether the growth is decay is linear or exponential and answer the associated question. The price of computer memory is decreasing

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

The price of computer memory is decreasing at a rate of 15% per year. If a memory chips costs $50 today what will it cost in 3 years?

Linear; $110,000 is the answer.

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