Question

The value of a motorcycle changes according to the equation V=5,000(1.03)t , where V= value in dollars and t= time in years.

What does V=9000 mean in the context of this problem?
GPT 3.5
In the context of this problem, the equation V = 5,000(1.03)t represents the value of a motorcycle over time (t) in years. Therefore, if V = 9000, it means that the motorcycle's value is $9000 at that particular time (t).

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