Real Estate Math
A Delaware lot is described as 150 feet × 200 feet. The buyer pays $4.50 per square foot. What is the purchase price?
A$135,000✓ Correct
B$100,000
C$150,000
D$90,000
Explanation
Area = 150 ft × 200 ft = 30,000 sq ft. Purchase Price = 30,000 × $4.
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