Funeral cost split 5 ways with a twist

Funeral cost split 5 ways with a twist

Postby Guest » Fri Mar 16, 2018 11:04 pm

Funeral cost: \$14,053.86, must be divided equally between 5 people.

Problem 2. people already paid \$1840 each = \$3680. Donations. accounted. for \$4371.60
\$14,053.86 - 4371.60 = \$9682.26 - 3680( already paid ) = \$6002.26 /5 = \$1200.45 each ? not.

Now the twist: \$3480 is held in trust ( by the 2 payees ) at the bank which also must be subtracted from the final amount owing. \$6002.26 - \$3480 = \$2522.26
Question: How to divide this equally among the 5 individuals ? Remember 2 people have paid more than their share and must be re-embersed from the amount held in trust( \$3480.)


Good luck.

Lawrence101
Guest
 

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