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1. A 36.5 -acre farm sells for \( \$ 5,840 \), how much will a 124 -acre farm sell for?

Ask by Vargas Colon. in the United States
Jan 10,2025

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A 124-acre farm will sell for \$19,840.

Solution

To determine the selling price of a 124-acre farm based on the given information, follow these steps: 1. **Find the Price per Acre:** The 36.5-acre farm sells for \$5,840. \[ \text{Price per acre} = \frac{\$5,840}{36.5 \text{ acres}} = \$160 \text{ per acre} \] 2. **Calculate the Price for 124 Acres:** \[ \text{Total Price} = 124 \text{ acres} \times \$160 \text{ per acre} = \$19,840 \] **Answer:** A 124-acre farm will sell for **\$19,840**.

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To find out how much a 124-acre farm will sell for, we can first find the price per acre of the 36.5-acre farm. The price per acre is calculated by dividing the total price by the total acres: \[ \text{Price per acre} = \frac{5840}{36.5} \approx 160.55 \] Now, we can calculate the price for the 124-acre farm by multiplying the price per acre by the number of acres: \[ \text{Total price for 124 acres} = 124 \times 160.55 \approx 19,901.80 \] So, a 124-acre farm would sell for approximately \( \$ 19,901.80 \). Oh, the thrill of land! Did you know that agriculture played a pivotal role in shaping economies worldwide? Farms have been the backbone of societies for centuries, transforming land into food production hubs and creating community ties over crops and livestock. And speaking of farms, if you're considering buying land, make sure to investigate zoning laws and get a land appraisal! Many people overlook these aspects and could end up with unexpected hurdles. Always remember: it's not just about the size or price, but also about what you can legally do with that lovely land!

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