<span>An amount of $3000 is deposited for one year at an interest rate of 5.5% per annum. How much interest will be earned? Answer = $ 165.00</span>
I think that is proportional
Answer:
After 2.80 years the price drops to 300 $
Step-by-step explanation:
Ryan bought a new computer for $2,100.
Price of computer = 2100 $
The value of the computer decreases by 50% each year.
Let p(n) be the price of computer after n years.

Now we need to find n when price is 300 $.
0.50ⁿ x 2100 = 300
0.50ⁿ = 0.143
n log (0.5) = log 0.143
n x -0.301 = -0.845
n = 2.80
After 2.80 years the price drops to 300 $