Answer:
$169803
Step-by-step explanation:
Given data
rate of decrease = 5.4%
time = 2009-2021= 12years
P= $331,000
Let us apply the compound interest formula
A=P(1-r)^t----------------note the minus sign because this is a decrease
A= 331000(1-0.054)^12
A= 331000(0.946)^12
A= 331000*0.513
A=$169803
Hence the value in 2021 is $169803
