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Determine Whether the Growth (Or Decay)is Linear or Exponential, and Answer

Question 47

Multiple Choice

Determine whether the growth (or decay) is linear or exponential, and answer the associated question.
-The price of computer memory is decreasing at a rate of 14% per year. If a memory chip costs $90 today, what will it cost in two years?


A) Linear; $64.80
B) Exponential; $66.56
C) Linear; $115.20
D) Exponential; $77.84

Correct Answer:

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