Real Estate Math
A quarter section of land in Alaska is offered at $1,250 per acre. What is the total asking price?
A$100,000
B$160,000
C$200,000✓ Correct
D$250,000
Explanation
A quarter section = 640 ÷ 4 = 160 acres. Total price = 160 × $1,250 = $200,000.
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