10 POINTS WILL MARK BRAINLIEST!
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<h3>Answer:</h3>
- The decrease is Linear.
- The component will cost $84.59 in 3 years
- The decline in price is Exponential.
Question 1:
In this question, it's asking you if the decreasing rate is linear or exponential.
The decreasing rate would be <u>linear</u>, due to the fact that it is decreasing at a constant rate of 11%. The decreasing rate doesn't change, which makes this linear.
Question 2:
In this question, it's asking you what would the component's cost be in 3 years if it started off at $120.
To find this, we're going to need multiply the price by -.11, and then subtract to get the price. We would repeat this until we reach 3 years.
Work:
Question 3:
In this question, it asks if the decline in price is linear or exponential.
The decline in price would be <u>exponential</u>, due to the fact that the decrease in price is not always the same, since it changes every year. The price doesn't decrease at the same price each year. As you see from question 2, the change in price is not the same each year.
<h3>I hope this helps you out.</h3><h3>Good luck on your academics.</h3><h3>Have a fantastic day!</h3>