the pice of chocolates in 1991 was 5000. assume the price decreased at the rate of 5% per hour. write the exponential model for the price of the chocolate. Determine the price which was in 1993 and 1995. determine when the amount is double than the original amount.

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anonymous · Answer

I just deleted my post because I noticed that your problem says the price decreases at 5% per hour?!?! That can't be correct! After 2 years of decreasing at 5% per hour, the price will be essentially $0.