Real Estate Math
A 40-acre parcel of Nebraska farmland sells for $7,200 per acre. What is the total sale price?
A$280,000
B$288,000✓ Correct
C$300,000
D$312,000
Explanation
Total price = 40 acres × $7,200/acre = $288,000. Using the values given ($7,200), apply the appropriate formula.. The correct answer is $288,000.. This is a common calculation on the Nebraska real estate exam.
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