Question

Estimate the total cost of a house (from purchasing a lot to furnishing the house) using the following estimates: Cost Data H

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Answer #1

Total cost =

Cost per lot × lot size +

Construction cost × livable area +

Cost of furnishing × no. Of rooms

= 100 × 150 × 2.5 + 125 × 50 × 46 × 0.75 + 3000 × 6

= 271125 $

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