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Question

Housing prices in a certain neighborhood average at $113.89 per square foot. If one house in this neighborhood is 1800 square feet, what should it be priced at?
A. $139,750

B. $140,000

C. $165,000

D. $205,000

Answer 1

The house should be priced at $113.89 /sq ft * 1800 sq ft = $205,002.

This is approximately $205,000 if rounded.