SOLUTION: Lottery winner won $4.5 million dollars. He wanted to give money to his 4 children and 8 grandchildren. Each child should receive a full share and each grandchild would receive 1
Algebra ->
Functions
-> SOLUTION: Lottery winner won $4.5 million dollars. He wanted to give money to his 4 children and 8 grandchildren. Each child should receive a full share and each grandchild would receive 1
Log On
Question 899191: Lottery winner won $4.5 million dollars. He wanted to give money to his 4 children and 8 grandchildren. Each child should receive a full share and each grandchild would receive 1/4 share. After deducting $1.26 million in attorney's fees and taxes how much did the Lottery winner give to each grandchild? Answer by rfer(16322) (Show Source):
You can put this solution on YOUR website! 4.5-1.26=3.24
6 total shares
3.24/6=0.54 each share
0.54/4=0.135
0.135-$135,000 each grandchild
(