What is this answerA store was sold for 26500. 20000 was paid in cash and the remainder was paid for with land valued at 50 an acre. How many acres of land were received?

Answer 1

To find out how many acres of land were received, first determine the amount paid with land. The total sale price is $26,500, and $20,000 was paid in cash, leaving $6,500 to be paid with land. Given that the land is valued at $50 an acre, divide $6,500 by $50 per acre, resulting in 130 acres of land received.