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Question 179·Medium·Nonlinear Functions

The function

V(t)=200(0.75)tV(t) = 200(0.75)^t

gives the estimated resale value VV, in thousands of dollars, of a rare collectible tt years after it was purchased, where 0t80 \le t \le 8. Which statement best interprets the point (4,63)(4, 63) on the graph of this function?