Level:
Project ID:
1103082501
Accepted:
1
Clonable:
0
Easy:
0
Mary purchased a new car at the purchase price \( 12\,000 \) EUR. Depreciation rate of the car is \( 12\% \) per year. Suzy purchased a new car at the same time as Mary and the purchase price was \( 14\,500\) EUR. The depreciation rate of Suzy's car is \( 15\% \) per year. Let \( p \) be the price of the car in thousands euros and \( t \) be the age of the car in years. Which of the following legends is correct for the next graph?
Suzy's car, \( p=14.5\cdot(0.85)^t \)
Mary's car, \( p=12.0\cdot(0.88)^t \)
Suzy's car, \( p=14.5\cdot(1.15)^t \)
Mary's car, \( p=12.0\cdot(1.12)^t \)