How much would $200 invested at 4% interest compounded annually be worth after 8 years?
1 answer:
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Answer:
32,000 square feet gross area and 28,750 square feet net area
Step-by-step explanation:
Given a rectangular site measures 125 feet (frontage) by 256 feet (depth), of which 26 feet is in the public right of way. We have to find the the gross and net site area.
As, 26 feet width is in the public right of way which excluded in the net area but included in gross area.
For gross area,
Length=125 feet
Width=256 feet
For net area,
Length=125 feet
Width=256-26=230 feet
Hence, last option is correct.
The answer is: 32,000 square feet gross area and 28,750 square feet net area