Contracts
A Georgia real estate contract states the price is '$3,000 per front foot' for a lot with 200 feet of road frontage. What is the total purchase price?
AA. $300,000
BB. $600,000✓ Correct
CC. $150,000
DD. $450,000
Explanation
Price per front foot × total front feet = $3,000 × 200 = $600,000. Using the values given ($3,000), apply the appropriate formula..
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