In his will, Jason leaves $10,000 to each of his three children. However, after Jason dies and all his debts are paid, there is only $9,000 left in his estate. Each child will receive
A) $10,000.
B) $3,000.
C) $1,000.
D) $500.

Question

​In his will, Jason leaves $10,000 to each of his three children. However, after Jason dies and all his debts are paid, there is only $9,000 left in his estate. Each child will receive
A) ​$10,000.
B) ​$3,000.
C) ​$1,000.
D) ​$500.

Quizplus · Accepted Answer

Since there is only $9,000 left in the estate and each child was supposed to receive $10,000, it means that there is a shortfall of $1,000 per child. Therefore, each child will receive $9,000/3 = $3,000.

​In His Will, Jason Leaves $10,000 to Each of His

In His Will, Jason Leaves $10,000 to Each of His