Ms. jones won on a state lottery ticket. the attorney informed ms. jones that at a 5% discount rate, she could choose to withdraw $100,000 of funds at the end of each year for the next four years. what is the present value of $100,000 a year for four years

USD 354,600.

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

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.