Real Estate Math
A 1-acre lot sells for $87,120. What is the price per square foot? (1 acre = 43,560 sq ft)
A$1.00
B$2.00✓ Correct
C$0.50
D$4.00
Explanation
Price per sq ft = $87,120 ÷ 43,560 = $2.00 per square foot.
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