Car 1 - initial value: 15,00 Depreciation rate: 5% annually

Car 2 - initial value: 11,250 Depreciation rate: 1.2% quarterly

Car 3 - initial value: $16,999 Depreciation rate: 1.5 monthly

Car 4 - initial value: $24,500 Depreciation rate: 2.5% bimonthly

Create 4 equations (for each car) and determine the value after t amount of years.