Mr. Nolan's will specifies that the proceeds from his estate be divided among his wife, son, and stepson in the ratio of 7 5 : 1 : 5 7 \frac{7}{5}: 1: \frac{5}{7} 5 7 : 1 : 7 5 , respectively. How much will each receive from the distribution of his $331,000 estate?

Question

Mr. Nolan's will specifies that the proceeds from his estate be divided among his wife, son, and stepson in the ratio of   7 5 : 1 : 5 7 \frac{7}{5}: 1: \frac{5}{7} 5 7 ​ : 1 : 7 5 ​   , respectively. How much will each receive from the distribution of his $331,000 estate?

Zybrea Knight · Accepted Answer

Final Answer : Nolan receives $146,798.17, the son receives $106,284.40, the stepson receives $75,917.43

Mr. Nolan's will specifies that the proceeds from his estate be divided among his wife, son, and stepson in the ratio of $75:1:57\frac{7}{5}: 1: \frac{5}{7}$ , respectively. How much will each receive from the distribution of his $331,000 estate?

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Mr. Nolan's will specifies that the proceeds from his estate be divided among his wife, son, and stepson in the ratio of 75:1:57\frac{7}{5}: 1: \frac{5}{7}57​:1:75​ , respectively. How much will each receive from the distribution of his $331,000 estate?

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Learning Objectives

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Related questions

Mr. Nolan's will specifies that the proceeds from his estate be divided among his wife, son, and stepson in the ratio of $75:1:57\frac{7}{5}: 1: \frac{5}{7}$ , respectively. How much will each receive from the distribution of his $331,000 estate?