Final answer:
The statement is true. V(t) represents the value of a car t years after it is purchased, and V(0) represents the value of the car on the showroom floor.
Step-by-step explanation:
This question is asking whether the statement is true or false:
a-true
b-false
The statement is true. In the given context, V(t) represents the value of a car t years after it is purchased. So, V(0) represents the value of the car on the showroom floor, at the time of purchase. The value of the car on the showroom floor is often referred to as the initial value or the initial condition.