Real Estate Math
A 40-acre Iowa farm sells for $8,500 per acre. What is the total selling price?
A$280,000
B$300,000
C$320,000
D$340,000✓ Correct
Explanation
Total price = 40 acres × $8,500 per acre = $340,000. Using the values given ($8,500), apply the appropriate formula.. The correct answer is $340,000.. This is a common calculation on the Iowa real estate exam.
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