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.
What does V=10,000 mean in the context of this problem? __
a. The time it takes for the motorcycle's value to be $10,000
b. The value of the motorcycle is $10,000
c. The initial value of the motorcycle is $10,000
d. The rate at which it takes the motorcycle to be worth $10,000
What does a value of t = -5 mean in the context of this problem?
a. The time it takes for the value to be $6,000
b. It will take five years for the motorcycle's value to depreciate
c. Time being five years before the motorcycle was given an initial
d. Time being five years after the motorcycle was given an initial
What does V=10,000 mean in the context of this problem?
b. The value of the motorcycle is $10,000
What does a value of t = -5 mean in the context of this problem?
c. Time being five years before the motorcycle was given an initial