SOLUTION: LINDA INHERITED AN ESTATE WORTH 225,000 THE ATTORNEY TOLD HER THAT THE INHERITANCE TAX WAS 7% AND THAT THEY WOULD DEDUCT IT FROM THE ESTATE BEFORE GIVING HER THE MONEY. HOW MUCH MO

SOLUTION: LINDA INHERITED AN ESTATE WORTH 225,000 THE ATTORNEY TOLD HER THAT THE INHERITANCE TAX WAS 7% AND THAT THEY WOULD DEDUCT IT FROM THE ESTATE BEFORE GIVING HER THE MONEY. HOW MUCH MO

Algebra.Com

Question 760896: LINDA INHERITED AN ESTATE WORTH 225,000 THE ATTORNEY TOLD HER THAT THE INHERITANCE TAX WAS 7% AND THAT THEY WOULD DEDUCT IT FROM THE ESTATE BEFORE GIVING HER THE MONEY. HOW MUCH MONEY WILL LONDA RECIEVE?
Answer by Cromlix(4381) (Show Source): You can put this solution on YOUR website!
7% of $225,000 = $15750
$225,000 - $15750 = $209,250
This is how much she received.
Hope this helps.
:-)
RELATED QUESTIONS
Mardi Received an inheritance of $60,000. She invested part at 7% and deposited the... (answered by checkley71)

7.John and Janet each received an inheritance from their families. John invested his... (answered by Boreal)

XYZ Company is buying and selling strollers. The followinsg events took place in January... (answered by ikleyn)

Hello, I am in Algebra 100 at American River College. My instructor gave the class... (answered by checkley77)

Randy invested his inheritance in an account that paid 6.5% interest, compounded... (answered by jorel1380)

Suppose that a couple plans to set up an ordinary annuity whit a R100 000 inheritance... (answered by Boreal)

Suppose that a couple plans to set up an ordinary annuity with a R100 000 inheritance... (answered by Theo)

the new bell laptop computers are on sale for 20% off, and the sales tax rate is 7%.... (answered by jojo14344)

linda is 2 years older than greg in 7 years he will be 3 times the age that linda was 7... (answered by stanbon)