Real Estate Math
A Mississippi home has 1,800 square feet of living area. The price per square foot is $95. What is the indicated value?
A$162,000
B$171,000✓ Correct
C$180,000
D$155,000
Explanation
Value = 1,800 × $95 = $171,000. Using the values given ($95), apply the appropriate formula.. The correct answer is $171,000.. This is a common calculation on the Mississippi real estate exam.
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