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30 March, 14:26

The price of a computer memory is decreasing at a rate of 13% per year if a memory chip cost $54 today what will it cost in 2 years

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  1. 30 March, 17:01
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    Price this year = $54

    Price next year = $54 + (0.13 x 54) = $61.02

    Price in 2 years = $61.02 + (0.13 x 61.02) = $68.95

    Answer: $68.95
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