If the last one is supposed to be 7(8+3), it would be equivalent to 56+21
Answer:
5/11
Step-by-step explanation:
4/11 × 10/8
= 40/88
= 5/11
You are permitted to give up to $13,000 each year to any individual
without acquiring gift tax liability. So, Barry and Mary each can gift $13,000
to anyone of their choosing. For eight recipients (3 children and 5
grandchildren), each can gift $104,000. Consequently, Barry and Mary can offer
$208,000 ($104,000 x 2) to their children and grandchildren in 2013.