Real Estate Math
A rectangular lot in Illinois measures 150 feet by 200 feet. What is the lot size in acres? (1 acre = 43,560 sq ft)
A0.50 acres
B0.69 acres✓ Correct
C0.75 acres
D1.0 acres
Explanation
First, calculate the area: 150 ft × 200 ft = 30,000 sq ft. Then convert to acres: 30,000 ÷ 43,560 = 0.689 acres, approximately 0.69 acres. Knowing how to convert between square feet and acres is essential for real estate practice, particularly when evaluating land or comparing properties.
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