Mr. Nolans will specifies that the proceeds from his estate be divided among his wife, son, and

Question:

Mr. Nolan’s will specifies that the proceeds from his estate be divided among his wife, son, and stepson in the ratio of 7/5: 2/3: 5/3 respectively. Rounded to the nearest dollar, how much will each receive from the of his $331,000 estate?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...