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Let V(t) represent the value of a bank account, in thousands of dollars, t years after the account is opened at the bank. Determine whether each statement below is true. Select True or False for each statement.

V(0) = 2 means that the value of the bank account when it is opened is $2000
V(5) = 2.2 means that 2.2 years after the bank account is opened, its value is $5000
V(10) – V(5) = 0.4 means that the bank account grows by $400 between 5 and 10 years after its opening

Respuesta :

Answer:

True false false

Step-by-step explanation:

adioabiola

The following statements can be considered true or false as the case may be as follows;

  • V(0) = 2 means that the value of the bank account when it is opened is$2000 --TRUE
  • V(5) = 2.2 means that 2.2 years after the bank account is opened, its value is $5000 --FALSE
  • V(10) – V(5) = 0.4 means that the bank account grows by $400 between 5 and 10 years after its opening --TRUE

Discussion:

The function takes the form;

  • V(t) = Value of account.

Ultimately,

  • Statement 1 is true;
  • Statement 2 is false; and
  • Statement 3 is true.

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