Question
Unit 7 Sample Work Retake
10 of 1510 of 15 Items
Question
The value of a vehicle changes according to the equation V(t)=23,000(0.97)^t , where V(t) = value in dollars and t = time in years.
Use the dropdowns to complete the statements.
In the equation, the number 23,000 represents the
of the vehicle.
What does V(t) = 15,000 mean in the context of this problem?
What does a value of t = 5 mean in the context of this problem?
Answers
GPT-4o mini
Let's break down the statements:
1. In the equation, the number 23,000 represents the **initial value** of the vehicle.
2. The statement V(t) = 15,000 means that **the value of the vehicle is $15,000 at a specific time t (in years)**.
3. A value of t = 5 means in the context of this problem that **it has been 5 years since the vehicle was purchased, and we can use the equation to determine its current value at that time**.
1. In the equation, the number 23,000 represents the **initial value** of the vehicle.
2. The statement V(t) = 15,000 means that **the value of the vehicle is $15,000 at a specific time t (in years)**.
3. A value of t = 5 means in the context of this problem that **it has been 5 years since the vehicle was purchased, and we can use the equation to determine its current value at that time**.