Answer:
$354,600
Step-by-step explanation:
The PV (present value) of a USD 100,000 outcome at the end of each year for the next four (4) years is USD 354,600.
Present value (PV) of annuity = USD 100,000 at 5% for 4 years
Present Value of Annuity of $1
= 3.546 × USD 100,000
= $354,600
Firstly you would do 30 - 10 = 20, so their ages combined is 20, Laura has to be 15, and Luci has to be 5.
Second, 4 years ago, Peter was 15 and Sylvia was 5, and also in 5 years Sylvia will be 14 and Peter will be 24.
Hope this helps.
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11/3 in a mixed number is 3⅔
