The value of a motorcycle changes according to the equation V - 6,000(1.02)^t, where V= value in dollars and t= time in years.

Use the dropdowns to complete the statements.

In the equation, the number 6,000 represents the ___ of the motorcycle. The value of the motorcycle is ___ at a rate of ___ per year.

In the equation, the number 6,000 represents the original value of the motorcycle. The value of the motorcycle is decreasing at a rate of 2% per year.