The vaule of a motorcycle changes according to the equation V=5,000(1.03)^t, where V= vaule in dollars and t= time in years. What does v= 9000 mean in the context of this problem?
In the context of this problem, V = 9000 means that the value of the motorcycle is $9000 after a certain amount of time, represented by t years. This equation represents the exponential growth of the motorcycle's value over time.
