Real Estate Math
A Wisconsin property with 3,200 sq ft of living area sold for $448,000. What is the price per square foot?
A$120/sq ft
B$130/sq ft
C$140/sq ft✓ Correct
D$150/sq ft
Explanation
$448,000 / 3,200 sq ft = $140/sq ft. Using the values given ($448,000), apply the appropriate formula.. The correct answer is $140/sq ft.. This is a common calculation on the Wisconsin real estate exam.
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