PLEASE SHOW YOUR WORK

Area problems

Answer the following multiple-choice questions.

1. A building's dimensions are 35' 60' 9'. How many square feet does it contain?

A. 2,100

B. 3,450

C. 18,900

D. 21,355

2. From the point of beginning, a property's boundaries run 900 feet in a southerly direction; then due east for 1,250 feet; then in a northerly direction 300 feet; then back to

the point of beginning. How many square feet are in the described parcel?

A. 675,000

B. 715,000

C. 750,000

D. 805,000

Percentage and commission problems

Answer the following multiple choice questions.

1. A convenience store occupied 30% of a 150' 200' lot (the rest of the space is used

for parking). Ten percent of the lot was condemned for a public easement. How many

square feet remained for parking after the easement was established?

A. 18,000

B. 18,460

C. 19,759

D. 21,346

2. The asking price is $345,000. The property sells for $330,000. The commission is 6%.

60% of the commission goes to the broker and 40% goes to the salesperson. How much

did the salesperson receive?

A. $7,920

B. $8,280

C. $11,880

D. $12,420

3. Cortezar purchases a property for $255,000 and puts 20% down. The monthly interest

payments are $1,742.50. What is the annual rate of interest?

A. 9.50%

B. 9.90%

C. 10.10%

D. 10.25%