In the Front Foot method example, what does "50 FF * $78 * 1.00" equal?

Study for the Appraiser I and II Exam. Prepare with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for your exam!

To solve the expression "50 FF * $78 * 1.00," we can break it down step-by-step. The term "50 FF" refers to 50 front feet, which is a common way to measure property dimensions, particularly in real estate. The "$78" indicates the cost per front foot. The "1.00" is effectively a multiplier that does not change the value (since multiplying by one preserves the number).

Now, to calculate the total value:

  1. Multiply the number of front feet by the cost per front foot:

50 FF * $78 = $3,900.

  1. The 1.00 multiplier simply maintains that value, so:

$3,900 * 1.00 = $3,900.

Thus, the total value calculated from the expression is $3,900, which is why this answer is accurate. The presence of the multiplier serves as a reminder that the calculation assumes a certain full context, but since it equals one, it does not impact the final result.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy