
The value of a cellular phone declines by 33 percent of its current value every year... (GMAT Quants)
The value of a cellular phone declines by 33 percent of its current value every year. At this
rate, approximately how many years will it takes for the price of a $243 cell phone to reach $72?
A. 2.5
B. 2
C. 3
D. 13
E. 13.5
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