V = p(1-r)ᵗ ...where p is the original value, r, is the depreciation rate, t, is the period of time, and v is the new value. if your parents bought a new polaris sportsman 570 model atv for your brother for $8,000 and the annual depreciation rate is about 16%, what will the value of the car be in 4 years rounded to the nearest whole dollar?