Real Estate Math
An acre of land is 43,560 sq ft. A parcel is 5 acres. If it sells for $125,000 per acre, what is the total sale price?
A$500,000
B$525,000
C$625,000✓ Correct
D$600,000
Explanation
Total price = 5 acres × $125,000/acre = $625,000. Using the values given ($125,000), apply the appropriate formula..
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