An old man left his fortune and goods to his four children. In the will it stated that each item should be divided up fairly so that each person should have an equal share. Unfortunately, the lawyer found that each person appraised the objects' worth differently and no official appraiser was nearby. The lawyer had each of the children complete a simple little informal appraisal of each of the major items. The results are as follows:
Albert:
Piano= 1,000
Ring= $120
Home= 2,000,000
Appliances= $500
Wardrobe= $50
Eric:
Piano= 1,500
Ring= $20
Home= 2,600,000
Appliances= $200
Wardrobe= $10
Theresa:
Piano= 900
Ring= $75
Home= 1,500,000
Appliances= $350
Wardrobe= $10
Sonya:
Piano= 1,150
Ring= $150
Home= 4,000,000
Appliances= $750
Wardrobe= $0
The deceased also had a net value of $12,000,000. How should the lawyer divide up the assets using only this given information to where each person walks away with an equal (or better than equal) percentage of the deceased's worth?
An old man left his fortune and goods to his four children. In the will it stated that each item should be divided up fairly so that each person should have an equal share. Unfortunately, the lawyer found that each person appraised the objects' worth differently and no official appraiser was nearby. The lawyer had each of the children complete a simple little informal appraisal of each of the major items. The results are as follows:
Albert:
Piano= 1,000
Ring= $120
Home= 2,000,000
Appliances= $500
Wardrobe= $50
Eric:
Piano= 1,500
Ring= $20
Home= 2,600,000
Appliances= $200
Wardrobe= $10
Theresa:
Piano= 900
Ring= $75
Home= 1,500,000
Appliances= $350
Wardrobe= $10
Sonya:
Piano= 1,150
Ring= $150
Home= 4,000,000
Appliances= $750
Wardrobe= $0
The deceased also had a net value of $12,000,000. How should the lawyer divide up the assets using only this given information to where each person walks away with an equal (or better than equal) percentage of the deceased's worth?
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