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Originally posted by Dustytoad
reply to post by canadiansenior70
40% times 5,000 goes to number 1 = 2,000
35% times 5,000 goes to number 2 =1750
what's next 6%? times 5,000 goes to number 3 = 300
and so on...edit on 5/26/2012 by Dustytoad because: (no reason given)
Originally posted by NullVoid
Take $2 and give it to donation.
End of problem.
Originally posted by canadiansenior70
Originally posted by Dustytoad
reply to post by canadiansenior70
40% times 5,000 goes to number 1 = 2,000
35% times 5,000 goes to number 2 =1750
what's next 6%? times 5,000 goes to number 3 = 300
and so on...edit on 5/26/2012 by Dustytoad because: (no reason given)
It isn't that simple--using the same percentages there will always be that 5% left over. The percentages must change to 40+, 35+, 6+, 6+, 5+ and 3+ to equal 100% not 95%
Thanks anyway!edit on 26-5-2012 by canadiansenior70 because: (no reason given)
Originally posted by Dustytoad
Originally posted by canadiansenior70
Originally posted by Dustytoad
reply to post by canadiansenior70
40% times 5,000 goes to number 1 = 2,000
35% times 5,000 goes to number 2 =1750
what's next 6%? times 5,000 goes to number 3 = 300
and so on...edit on 5/26/2012 by Dustytoad because: (no reason given)
It isn't that simple--using the same percentages there will always be that 5% left over. The percentages must change to 40+, 35+, 6+, 6+, 5+ and 3+ to equal 100% not 95%
Thanks anyway!edit on 26-5-2012 by canadiansenior70 because: (no reason given)
Buddy.. You might want to be a little more patient with my posts in the future...
But for now why don't you go look at it again. Note the time of post too.
You will see that I already did that for you.
Have a nice day.
Originally posted by aboutface
reply to post by canadiansenior70
Oh oh, have to warn you. We had to go through litigation to have a will clarified. The inheritance was divided amongst children and grandchildren. However when one of the children died, the law at the time stipulated that the share would then just go to that person's heirs, meaning that they would receive more that the rest of the grandkids, since they were already mentioned in the will to begin with. I forget the process, but it was all amicable and smooth, though it took up to 2 years. So be sure to check on that little detail of the law first.
Originally posted by canadiansenior70
Based on $100, 000.00 for simplicities sake there are 7 beneficiaries:
40%= $40,000.00
35%= $35,000.00
6% = $ 6,000.00
6% = $ 6,000.00
5% = $ 5,000.00
5% = $ 5,000.00
3% = $ 3,000.00
Total $100,000.00
The eldest @ 5% dies before me, so her $5,000.00 is split amongst the remaining 6 people according to their specified % age.
How is this done so that the $5K in not simply divided by 6= $833.3333333 which is not the intention.
CS70
The eldest @ 5% dies before me, so her $5,000.00 is split amongst the remaining 6 people according to their specified % age.
Originally posted by canadiansenior70
Originally posted by NullVoid
Take $2 and give it to donation.
End of problem.
I don't dig that at all!!
Try again is welcome!
How is this done so that the $5K in not simply divided by 6= $833.3333333 which is not the intention.