How much should each receive is :
•First beneficiary $85,630
•Second beneficiary $32,111
•Third beneficiary $112,389
•Fourth beneficiary $58,870
Based on the information given we are going to multiply Total sum by proportion in order to get each beneficiary inheritance.
Given:
Ratio 2/3: 1/4: 7/8 :11/24
First beneficiary=$289000×16/16+6+21+11
First beneficiary=$289000×16/54
First beneficiary=$85,629.6
First beneficiary=$85,630 (Approximately)
Second beneficiary=$289000×6/16+6+21+11
Second beneficiary=$289000×6/54
Second beneficiary=$32,111
Third beneficiary=$289000×21/16+6+21+11
Third beneficiary=$289000×21/54
Third beneficiary=$112,388.8
Third beneficiary=$112,389 (Approximately)
Fourth beneficiary=$289000×11/16+6+21+11
Fourth beneficiary=$289000×11/54
Fourth beneficiary=$58,870
Inconclusion How much should each receive is :
•First beneficiary $85,630
•Second beneficiary $32,111
•Third beneficiary $112,389
•Fourth beneficiary $58,870
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