A buyer would like to purchase four acres of land at $15,000 per acre. How much will this cost?
Answer (2)
Multiply the number of acres by the price per acre.
Perform the calculation: 4 × $15 , 000 = $60 , 000 .
The total cost is $60 , 000 .
The final answer is $60 , 000 .
Explanation
Problem Analysis The problem states that a buyer wants to purchase 4 acres of land at a price of $15,000 per acre. We need to calculate the total cost of the purchase.
Solution Strategy To find the total cost, we multiply the number of acres by the price per acre. In this case, we multiply 4 acres by $15,000 per acre.
Calculation Let's perform the calculation: 4 acres × $15 , 000 per acre = $60 , 000 So, the total cost is $60,000.
Final Answer The total cost for the buyer to purchase four acres of land at $15,000 per acre is $60,000.
Examples
Imagine you're planning to buy several items, like books, and each book costs the same amount. If you want to know the total cost, you multiply the number of books by the price of each book. This is exactly the same concept as calculating the cost of multiple acres of land, where each acre has a specific price. Understanding this simple multiplication helps in everyday shopping and budgeting scenarios, ensuring you know the total expense before making a purchase. For example, if you buy 5 books at $12 each, the total cost is $5 \times 12 = $60.
To find the cost of four acres of land at $15,000 per acre, you multiply 4 by 15,000. The total cost comes out to $60,000. Therefore, the buyer will pay $60,000 for the land.
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