Worksheet 2.5
Jordan’s 40 Acres
Attempts2 attempts left
Jordan owns 40 acres. Property tax is $2,400 a year.
- All 40 acres go to the farmer at $120 per acre per year.
- 20 acres go to solar at $900 per acre per year, and the other 20 go to the farmer at $120.
For each plan, find money in, money out, and profit.
Answer & explanation
Profit = money in − money out
- Plan 1: money in 40 × $120 = $4,800; money out $2,400; profit $4,800 − $2,400 = $2,400
- Plan 2: money in 20 × $900 = $18,000, plus 20 × $120 = $2,400, total $20,400; money out $2,400; profit $20,400 − $2,400 = $18,000
