D. X=10 all you have to do is pick an answer and plug it in
If either Joe or Rachel dies in 2008, there will be no federal estate tax liability. There is an unlimited marital deduction for the surviving spouse. Only when both die will there be an estate tax liability over the $5.12 million exemption amount.
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Equations:
100 + 35m
50 + 35m
Steps:
100 + 35m = 50 + 35m <span>
<em>Set the equations equal to each other.</em>
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<span>
100 + 35m = 50 + 35m <span>
-50 - 50
</span>
<em>Subtract 50 from both sides of equation to isolate the variable on one side</em>.
50+35m=35m
-35m -35m
<em>Subtract 35m from both sides of equation.</em>
50=m
In fifty months, they will have the same amount of money. They will each contain $1850 dollars.
Hope this helps.
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