Real Estate Math
Real Estate Math Practice Question
What is the price per front foot for a 50' wide x 100' long lot that sold for $75,000?
A
$125 per front footB
$1,000 per front footC
$1,250 per front footD
$1,500 per front footExplanation
Price per front foot = $75,000 ÷ 50 ft = $1,500 per front foot
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