I used a dash line because the term 'less than' does not include the value itself.
Given:
Let x be the whole amount inherited.
1/2 * x - invested with Bernie Madoff
1/3 * x - lost due to identity theft
1/8 * x - lost in casino
40,000 - remainder
x - x/2 - x/3 - x/8 = 40,000
LCM:
2: 2, 4, 6, 8, 10, 12, 14, 16, 18, 20, 22, 24
3: 3, 6, 9, 12, 15, 18, 21, 24
8: 8, 16, 24,
x * 24/24 = 24x / 24
x/2 * 12/12 = 12x / 24
x/3 * 8/8 = 8x / 24
x/8 * 3/3 = 3x / 24
40,000 * 24/24 = 960,000 / 24
24x/24 - 12x/24 - 8x/24 - 3x/24 = 960,000/24
(24x - 12x - 8x - 3x)/24 = 960,000/24
x/24 = 960,000/24
24 * x/24 = 24 * 960,000/24
x = 960,000
x = 960,000 initial inheritance
x/2 = 960,000/2 = 480,000 invested with Bernie Madoff
x/3 = 960,000/3 = 320,000 lost due to identity theft
x/8 = 960,000/8 = 120,000 lost in the casino
40,000 - remaining amount.
960k - 480k - 320k - 120k = 40k
40k = 40k
Answer:
<u><em>The Father is currently 47 and the Son is 7</em></u>
Step-by-step explanation:
Let F and S be the present ages of Father and Son, respectively.
We are told that <u>(F-2) = 9(S-2)</u> [2 years ago, father age was nine times the son age]
We also learn that <u>(F+3) = 5(S+3)</u> [3 years later it will be 5 times only]
Take the first expression and isolate one of the variables (S or F). I'll isolate F:
(F-2) = 9(S-2)
F = 9S - 16
Now use this in the second expression:
(F+3) = 5(S+3)
((9S-16)+3) = 5(S+3)
9S-13 = 5S+15
4S = 28
S = 7
Since F = 9S-16,
F = 9*(7)-16
F = 47
<u><em>Father is 47 and Son is 7</em></u>
CHECK:
Was the father 9 times the age of his son 2 years ago?
Father would have been 45 and son 5. Yes, 9*5 = 45
In 3 years will he be 5 times older than his son? Yes, Father would be 50 and son would be 10. 5*(10) = 50
