Real Estate Math
A Bronx apartment complex with 20 units sells for $3,600,000. The price per unit is:
A$150,000
B$180,000✓ Correct
C$200,000
D$240,000
Explanation
Price per unit = $3,600,000 ÷ 20 = $180,000. Using the values given ($3,600,000), apply the appropriate formula.. The correct answer is $180,000.. This is a common calculation on the New York real estate exam.
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