In the graph, each exponential curve represents the values, in dollars, of two different cars as a function of time in years. At time t = 0, the price of model A was $30,000 and the price of model B was $24,000. At time t = 6, the price of both models were $12,000. Based on the graphs above, which of the following must be true?

I. At time t = 0, the price of model A was 25% more than the price of model B.

II. At time t = 0, the price of model B was 20% less than the price of model A.

III. From time t = 0 to t = 6, the average rate of decrease in the value of model A was 1.5 times the average rate of decrease in the value of model B.

A) I and II only

B) I and III only

C) II and III only

D) I, II, and III

Transcribed Image Text:

30,000 25,000 €20.000 Value of Cars (in dollars) 15,000 10,000 5,000 y Model A Model B 2 (6, 12.000) 4 6 Time (years) 8 10 X