Real Estate Math
A 320-acre farm in western Oklahoma sells for $2,400 per acre. What is the total sales price?
A$648,000
B$768,000✓ Correct
C$860,000
D$960,000
Explanation
Total price = 320 acres x $2,400/acre = $768,000. Using the values given ($2,400), apply the appropriate formula.. The correct answer is $768,000.. This is a common calculation on the Oklahoma real estate exam.
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