Real Estate Math
A rectangular lot measures 120 feet wide by 200 feet deep. How many acres is this lot? (1 acre = 43,560 sq ft)
A0.45 acres
B0.55 acres✓ Correct
C0.60 acres
D0.65 acres
Explanation
Step 1: Area in sq ft = 120 × 200 = 24,000 sq ft. Step 2: Convert to acres: 24,000 ÷ 43,560 ≈ 0.551 acres, which rounds to approximately 0.55 acres.
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