Real Estate Math
A Maryland rectangular commercial lot is 150 feet wide by 300 feet deep. The area in acres (1 acre = 43,560 sq ft) is approximately:
A0.69 acres
B1.03 acres✓ Correct
C1.24 acres
D1.72 acres
Explanation
Area = 150 × 300 = 45,000 sq ft. Acres = 45,000 ÷ 43,560 ≈ 1.033 acres ≈ 1.03 acres. Remember: 1 acre = 43,560 square feet. Multiply or divide as needed to convert between units.. The correct answer is 1.03 acres.. This is a common calculation on the Maryland real estate exam.
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