Question

A woman owns the W½ of the NW¼ of the NW¼ of a section. The adjoining property can be purchased for $2,300 per acre. How much would it cost the woman to purchase the part of the NW¼ of section she doesn't already own?"

Answer 1

$322000

Explanation:

A woman owns the W½ of the NW¼ of the NW¼ of a section.

= 640/2/4/4 = 20 acres

She wants to buy remaining of NW 1/4 = 640/4-20 = 140 acres.

It would cost = 140*2300 = $322000

Therefore, it cost $32000 to purchase the part.