SG Algebra B Unit 2 Sample Work Retake

Question

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Question
POSSIBLE POINTS: 5
The value of a motorcycle changes according to the equation
, where V= 6,000 (1.02)^t value in dollars and t= time in years.

Use the dropdowns to complete the statements.


In the equation, the number 6,000 represents the
of the motorcycle. The value of the motorcycle is
at a rate of
per year.

What does V=10,000 mean in the context of this problem?

What does a value of t = -5 mean in the context of this problem?

Answer 1

In the equation, the number 6,000 represents the initial value of the motorcycle. The value of the motorcycle is increasing at a rate of 2% per year.

V=10,000 means that the value of the motorcycle is $10,000 at that specific time.

A value of t = -5 means that 5 years before the initial time, which would indicate the value of the motorcycle 5 years before the starting point.