hunter6133 hunter6133
  • 19-08-2022
  • Business
contestada

Six acres of prime undeveloped property are sold for $2.25 per square foot. how much did the buyer pay?

Respuesta :

smecloudbird18 smecloudbird18
  • 24-08-2022

Six acres of prime undeveloped property are sold for $2.25 per square foot. The buyer should pay $588060

It is calculated as:

1 acre= 43560 sq ft.

Therefore 6 acre = 43560*6 = 261360 sq ft.

Property is sold for  $2.25 per sq. ft

Therefore the price is calculated by multiplying the rate of per sq ft with the total sq ft area.

= 261360* $2.25

=$588060

To know more about underdeveloped property here:

https://brainly.com/question/17584053

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