Answer:
The value of the car after 5 years is $ 13,035 to the nearest dollar.
Step-by-step explanation:
The formula for depreciation is 

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

  is the number of years, and V is the value after t years.
 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.