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The price of computers has been dropping steadily for the past ten years. If a desktop PC cost $ 6 , 8 0 0 ten

The price of computers has been dropping steadily for the past ten years. If a desktop PC cost $6,800 ten years ago, and the same computing power cost $2,800 three years ago, find the rate of decrease per year. (Assume a straight-line model. Round your answer to the nearest cent.)

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