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.

True False

V(O) = 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 55000

V(10) - V(5) = 0.4 means that the bank account grows by S400 between 5 and 10 years after its opening a