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An acre is how many Sqft? - ANSWER-1 Acre= 43,560 SQFT.
* A section = 640 acres*
The total commission a brokerage firm was paid was $33,500. The firm was paid 7% on the first $200,000, 6% on the next $200,000 and 5% on the remainder. What was the sales price of the property? - ANSWER-$550,000
Sales Price Calculation:
$200,000 x 7% = $14,000. $200,000 x 6% = $12,000.
$14,000 + $12,000 = $26,000. $33,500 - $26,000 = $7,500.
$7,500 ÷ 5% = $150,000.
$200,000 + $200,000 + $150,000 = ...
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