Answer:
$17,500
Step-by-step explanation:
Initial value of the car was $25,000, for t = 0.
After one year, the value would be $25,000 - ($1,500/year) (1), or $23,500.
After t years, the value would be $25,000 - ($1,500/year) t
After 5 years, the value would be worth
$25,000 - ($1,500/year) (5 years) = $17,500.
