Question

Farmer Donald is selling two parcels of land together. One of the parcels is one square mile and the other parcel is five acres. The sale price is $2,100 per acre. What is the total sale price of the property Donald is selling?
a) $178,500
b) $793,475
c) $1,354,500
d) $10,500

Answer 1

Answer:

The answer to your question is: c) $1354500

Step-by-step explanation:

Data:

Parcel1 = P1 = 1 mi2

Parcel2= P2= 5 acres

Price = $2100 / acre

Total price =

Need to convert 1 mi2 to acres

            1 acre ------------------------ 0.001563 mi2

           x         -------------------------  1 mi2

 x = 639.8 acres

Now  

              1 acre ------------------------- $2100

            639.8 acres -----------------     x

Parcel 1 cost  = $1343580

              1 acre ------------------------- $2100

               5 acres ---------------------   x

        x = 10500

Total cost = cost P1 + cost P2

Total cost = $1343580 + $10500 = $ 1354080   The closest is letter c