In the equation \(8d + 30 = 86\), \(d\) represents the number of dogs Jamari needs to walk in order to save enough money for the bike. The value \(d = 7\) means:
Jamari needs to walk 7 dogs to have enough money to buy the bike.
By walking 7 dogs, he will earn \(8 \times 7 = 56\) dollars. Adding that to his saved amount of $30 gives him \(30 + 56 = 86\) dollars, which is exactly the cost of the bike.