If a buyer purchases a lot measuring 110 feet by 140 feet for $7,568, what is the price per front foot rounded to the nearest dollar?

To determine the price per front foot of a lot, you start by identifying the dimension considered the "front." In this case, a lot measuring 110 feet by 140 feet typically considers the shorter side (110 feet) as the front.

Next, you calculate the total price per front foot by dividing the total purchase price by the length of the front side of the lot. The total purchase price provided is $7,568. Therefore, the calculation would be as follows:

Price per front foot = Total Price / Front Foot Length Price per front foot = $7,568 / 110 feet Price per front foot = $68.80

When rounding this figure to the nearest dollar, it comes out to $69. Thus, selecting this option accurately reflects the calculated price per front foot based on the provided figures.

This method ensures that you take into account the relevant dimensions of the lot and the price when calculating price per front foot, which is a common practice in real estate appraisal for property valuation.