Answer: Let's call the portions that the second friend gets "x". Then, the third friend gets four times that amount, which is 4x. Finally, the first friend gets four times the third friend's portion, which is 4(4x) = 16x.
The sum of the portions is equal to the total prize money of $273,000, so:
x + 4x + 16x = 273000
21x = 273000
x = 13000
So, the second friend gets $13,000, the third friend gets four times that amount, which is $52,000, and the first friend gets four times the third friend's portion, which is $208,000.
Explanation: