Real Estate Math
A 40-acre parcel in rural Ohio is for sale at $8,500 per acre. What is the total price?
A$310,000
B$320,000
C$340,000✓ Correct
D$360,000
Explanation
Total price = 40 × $8,500 = $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 Ohio real estate exam.
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