Ask Question
14 September, 00:20

In a class action suit against a large corporation, a group of 5675 plaintiffs won 4.9 billion dollars. If the attorney fees were 40% of the settlement, how much did each plaintiff receive?

+3
Answers (1)
  1. 14 September, 00:54
    0
    Answer:the amount received by each plaintiff is $518061.7

    Step-by-step explanation:

    A group of 5675 plaintiffs won 4.9 billion dollars in a class action suit against a large corporation.

    If the attorney fees were 40% of the settlement, it means that the amount that was received by the attorney would be

    40/100 * 4900000000 = 0.4 * 4900000000 = $1960000000

    The amount received by the group of 5675 plaintiffs would be

    4900000000 - 1960000000 = $2940000000

    Therefore, the amount received by each plaintiff would be

    2940000000 / 5675 = $518061.7
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In a class action suit against a large corporation, a group of 5675 plaintiffs won 4.9 billion dollars. If the attorney fees were 40% of ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers