Answer:
$75,193.91
Explanation:
If V is the original value of the house and it loses value at R% per year
Value at the end of 1st year = V( 1- r) where r = R/100
Value at the end of 2 years = V( 1- r) (1-r) = V(1 - r)²
...
Value at the end of n years = V(1-r)ⁿ
Given
V = 131000
R = 5.4% or r = 5.4/100 = 0.054
n = 10
Value at the end of 10 years (2019-2009) is
131000( 1- 0.054)¹⁰
= 131000(0.946)¹⁰
= 75193.91
So value in 2019 = $75,193.91