Your uncle passed away and left you and your siblings his private property. He owned a 180 acre ranch and there are 3 of you. Each acre is valued at approximately $3,000. This means the monetary value for each sibling will be:
$180,000
$60,000
$54,000
$18,000
Detailed Explanation
First you need to find out how many acres each sibling gets. 180 acres divided between 3 siblings = 60 acres per sibling. Each acre is worth 3,000 so then you need to multiply 60 x 3,000, which gives you 180,000.
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