Answer:
The value of the car after 5 years is $ 13,035 to the nearest dollar.
Explanation:
The formula for depreciation is

where
is the beginning price of the asset,
is the annual rate of depreciation written as a decimal,

is the number of years, and V is the value after t years.
Now substitute all these values into the formula to get,

This simplifies to,



The value of the car after 5 years is $ 13,035 to the nearest dollar.