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Lauren owns 28 acres of land which she rents to a farmer for $3812 per acre per year. Her property taxes are $972 per acre per year. How much profit does she make on the land each year?
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Lauren owns 28 acres of land which she rents to a farmer for $3812 per acre per year. Her property taxes are $972 per acre per year. How much profit does she make on the land each year?

User Saurish Kar
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2 Answers

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Answer:

Explanation:

79520

User ComDubh
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You need to minus the taxes from the total rent income. So the profit per acre is 3812-972=2840. So the total is 2840*28=79520 per year.
User Jeff Potts
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