The family of M!. M rich, an eccentric millionaire, is gathered in his lawyers office for the reading of his will. The lawyer reads the following:

I, I. M Rich, distribute my fortune as follows in this order:

- the first 5 million goes to my best friend, Sam, my dog;

- half the remainder goes to my high school algebra; because of her, I learned all the math I needed to make my fortune;

- then I give $50 million to build a new hospital in town;

- of the, 50%, goes to wife, 40% goes to my daughter, 9% to my lawyer, and 1% to my son.

"what!" says the son. " all I get is a measly $10,000!"

1. How much was I. M's rich fortune?

2. Who receives the most money and how much?

Question

Justine Gill

Mathematics

1 March, 09:18

The family of M!. M rich, an eccentric millionaire, is gathered in his lawyers office for the reading of his will. The lawyer reads the following:

I, I. M Rich, distribute my fortune as follows in this order:

- the first 5 million goes to my best friend, Sam, my dog;

- half the remainder goes to my high school algebra; because of her, I learned all the math I needed to make my fortune;

- then I give $50 million to build a new hospital in town;

- of the, 50%, goes to wife, 40% goes to my daughter, 9% to my lawyer, and 1% to my son.

"what!" says the son. " all I get is a measly $10,000!"

1. How much was I. M's rich fortune?

2. Who receives the most money and how much?

+4

Answers (1)

Know the Answer?

Shannon Monroe · Answer 1

1. $107,000,000

2. High school algebra gets the most $51,000,000

Step-by-step explanation:

Son gets $10,000 that is 1%.

So,

Lawyer gets 9% that is $90,000

Daughter gets 40% that is $400,000

Wife gets 50% that is $500,000

In total they get $1,000,000

$50,000,000 goes for hospital.

In total, $51,000,000 is exactly half of the remainder.

High school algebra gets another half that is $51,000,000

And dog gets $5,000,000.

1. I. M's rich fortune was

$51,000,000 + $51,000,000 + $5,000,000 = $107,000,000

2. High school algebra gets the most $51,000,000