Answer:
The total cost is calculated to be $105,000.
Step-by-step explanation:
Here,
The cost of per acre land= $60,000
Jack is willing to purchase= 1 ¾acres = [tex]\frac{4*1+3}{4} =\frac{7}{4}=1.75[/tex] acres
Then,
By unitary method,
The cost of one acre land is $60,000 .
The cost of 1.75 acres is = $[tex]1.75*60,000[/tex]
The total cost of land is =$105,000.
So, Jack has to pay $105,000 to purchase 1.75 acres of land.
