Imma assume compound interest
so
we do
A=P(1-r)^t
that is for depreciation
A=future amount
P=present amount
r=rate in decimal
t=time in years
given
P=13935
r=2.5%=0.025
t=12
A=13935(1-0.025)^12
A=13935(0.975)^12
A=10284.0069
rounded to nearest cent
A=$10,284.01
the value is $10,284.01
