1103082502

Level: 
Project ID: 
1103082502
Accepted: 
1
Clonable: 
0
Easy: 
0
Mary purchased a new car. The purchase price was \(12\,000\) euros and the value of the car depreciates by \( 12\% \) per year. Suzy purchased a new car at the same time as Mary and the purchase price was \( 14\,500 \) euros. The depreciation rate for Suzy's car is \( 15\% \). Let \( p \) be the price of the car in thousands euros and \( t \) be the age of the car in years. In the diagram below, determine the color of the graph that shows relationship between the price of Mary's car and its age. (Note: The answers include not only the color of the graph but also the relevant function equation.)
green, \( p=12.0\cdot(0.88)^t \)
yellow, \( p=14.5\cdot(1.15)^t \)
orange, \( p=12.0\cdot(1.12)^t \)
blue, \( p=12.0\cdot(0.88)^t \)