The new iphone 3. 14 is being sold at the UT Math Department. The original price is $1100 (day () but they are going to decrease the price of the phone by x percent each day. You decided to wait until the price dropped to $67.59 on the 16th day to purchase yours. What was the daily percent decrease that the UT Math Department set for the iphone 3.14? You may use a calculator on this question. 16% 18% O 16%