James just bought a new car for 26,950 if it decreases in value by 15% annually how much will it be worth in five

I believe the answer is 20212.5 if you meant how much will it be worth in 5 years.
I got this answer by multiplying 15% by 5 since annually means yearly.
15%(5)=75%
then turn 75% into a decimal by dividing 75 by 100
75/100=.75
Finally multiply 26950 by .75
26950 (.75)=20212.5

Hope this helps you.