Final answer:
The vacant piece of land sold for $2,000 per front foot when the total cost of $150,000 was divided by the 75 feet width of the land's frontage.
Step-by-step explanation:
The question asks how much the vacant piece of land sold for per front foot. It gives the dimensions of the land as being 75 feet wide (the frontage) by 100 feet deep, and the total selling price as $150,000. To find the cost per front foot, you need to divide the total cost by the width of the frontage.
To calculate:
Total cost = $150,000
Width of frontage = 75 feet
Cost per front foot = Total cost / Width of frontage
Cost per front foot = $150,000 / 75 feet
Cost per front foot = $2,000 per front foot
Therefore, the land sold for $2,000 per front foot.