Alexander K. answered 10/06/14
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To install a fence around the entire lot, we will need to fence the entire perimeter of the lot. Since the lot is rectangular, its perimeter will be twice its length plus twice its width (or 2L + 2W), or:
2(74)+2(56)=148+112=260 yards.
Now that we know that amount of fence we need, we just need to calculate the cost:
260 * $11.39 = $2961.14.
So the entire project should cost $2961.14, assuming the only cost is the cost of the fencing.