The value of a motorcycle changes according to the equation
, where V= 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?
In the equation, the number 6,000 represents the initial value of the motorcycle. The value of the motorcycle is decreasing at a rate of 500 per year.
V=10,000 means that the value of the motorcycle is $10,000 at a certain time.
t = -5 means that 5 years ago, the motorcycle had a value of $10,000.