Question
(3 points)
The value of a motorcycle changes according to the equation V(t)=5,000(1.03)^t
, where V(t) = value in dollars and t = time in years.
Use the dropdowns to complete the statements.
In the equation, the number 5,000 represents the
of the motorcycle.
What does V(t) = 9000 mean in the context of this problem?
What does a value of t = 3 mean in the context of this problem?
The value of a motorcycle changes according to the equation V(t)=5,000(1.03)^t
, where V(t) = value in dollars and t = time in years.
Use the dropdowns to complete the statements.
In the equation, the number 5,000 represents the
of the motorcycle.
What does V(t) = 9000 mean in the context of this problem?
What does a value of t = 3 mean in the context of this problem?
Answers
GPT-4o mini
1. In the equation, the number 5,000 represents the **initial value** of the motorcycle.
2. The statement V(t) = 9000 means that the value of the motorcycle is **$9,000** at a certain time t, implying that the motorcycle has appreciated in value and is worth that amount at that specific time.
3. A value of t = 3 means that **3 years have passed** since the initial value was established, and the value of the motorcycle can be calculated using the equation for t = 3.
2. The statement V(t) = 9000 means that the value of the motorcycle is **$9,000** at a certain time t, implying that the motorcycle has appreciated in value and is worth that amount at that specific time.
3. A value of t = 3 means that **3 years have passed** since the initial value was established, and the value of the motorcycle can be calculated using the equation for t = 3.