What is the total price of 80 acres at $1,500 per acre?

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Study for the Real Estate Math Exam. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Multiple Choice

What is the total price of 80 acres at $1,500 per acre?

Explanation:
The main idea is to multiply price per unit by the number of units. For land, total price = price per acre × number of acres. So 80 acres at 1,500 per acre is 80 × 1,500 = 120,000. The total price is $120,000. (The other options would require different acre amounts.)

The main idea is to multiply price per unit by the number of units. For land, total price = price per acre × number of acres. So 80 acres at 1,500 per acre is 80 × 1,500 = 120,000. The total price is $120,000. (The other options would require different acre amounts.)

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