The Tax Cuts and Jobs Act passed in December of 2017 dramatically increased the amount of money that is exempted or excluded when calculating any estate tax. The new law did not change, however, the rule that any exemption not used by one spouse at the time of his or her death can be used at the time of the other spouse's death. This rule is called: Equity adjustment Probate balancing Recalibration Portability Generational skipping Jnanswered Question 33 0/2 pts Imagine that it is your 21st birthday and you receive $1000 in cash from your parents to mark the occasion. You hide the money to keep it safe, but when it comes time to deposit the $1000 in the bank, you can't find it. Nine years pass, and you are celebrating your 30th birthday. Miraculously, you find the $1000 your received nine years earlier. If you could have eamed an 8% return during the last nine years, how much would that $1000 be worth today? Use the Rule of 72 to get your answer. $1080 $1800 $2000 $2800 $4000