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 Question from Rebecca: If 38,121 sq feet equals $19,846.58 at 75% of its current value, what would the value of 1 acre be at 100% of value? Hi Rebecca, As I understand it 75% of the current value of 38,121 square feet is$19,846.58. But 75% is 3/4 so

3/4 of the current value of 38,121 square feet is $19,846.58. Thus 1/4 of the current value of 38,121 square feet is$19,846.58/3 = $6,615.5267 and hence the current value of 38,121 square feet is 4 ×$6,615.5267 = $26,462.1067. Division by 38,121 gives the current value of 38,121/38,121 = 1 square foot is$26,462.11/38,121 = $0.6942. There are 43,560 square feet in an acre so the current value of 1 acre is$0.6942 × 43,560 = = \$30,237.65.

Penny

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