A car purchased for $15,000\displaystyle \${15},{000} depreciates at a constant rate of 15.5%\displaystyle {15.5}\%. What will be the value of the car in 7\displaystyle {7} years.

Use the formula: V=P(1r)t\displaystyle {V}={P}{\left({1}-{r}\right)}^{{t}}

The value in 7\displaystyle {7} years is $ . Round answer to 2 decimal places