The vaule of a motorcycle changes according to the equation v=6,000(1.02)^t , where V= vaule in dollars and t =time in years.
use the drop down to complete the statement
the vaule of the motorcyce is at a rate of
What does V= 10,000 mean in the context of this problem
what does a vaule of t= -5 mean in the context of this problem?
The value of the motorcycle is at a rate of:
- Increasing at a constant percentage growth of 2% per year
V = 10,000 means in the context of this problem:
- The value of the motorcycle after a certain number of years is 10,000 dollars.
A value of t = -5 means in the context of this problem:
- The time is set 5 years before the present year, and it represents the point in time at which the value of the motorcycle is measured.