Question

An investor just purchased a rectangular 2-acre retail lot for $250 a frontage foot. If she paid $100,000 total, what was the depth of the lot?

a. 400’ b. 250 c. 871’ d. 218’

Answer 1

`Depth = (Area)/(# frontage feet)= (87120 ft^2)/(400)=217.8 \approx 218`

So for this case the best answer would be:

d. 218’

Explanation:

Previous concepts

Foot front : "Is a foot measured along the front of a piece of property".

Solution to the problem

For this case we need to begin finding the number of frontage feet, with the following formula:

`Frontage fronts=(Amount paid)/(Unitary price)`

And for this case if we replace the values given we got:

`Frontage fronts=(100000)/(250)=400 fromtage foot`

Now we need to convert the area to square feet. And we know that:

`1 acre= 43560 ft^2`

And converting we got:
`2 acre *(43560 ft^2)/(1 acre)=87120 ft^2`

Now we can divide the total area by the total of frontage feer and we got:

`Depth = (Area)/(# frontage feet)= (87120 ft^2)/(400)=217.8 \approx 218`

So for this case the best answer would be:

d. 218’