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Real Estate Math Review
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Terms in this set (20)
How do you change a fraction to a decimal?
Divide the top number (numerator) by the bottom number (denominator)
How do you change a decimal to a percentage?
Move the decimal two places to the right and add a % symbol
How do you change a percentage to a decimal?
Move the decimal two places to the left and remove the % symbol.
How do you find the area of a square or rectangle?
length times width
How many square feet are in a square yard?
Nine square feet
How many square feet are in an acre?
4 old ladies driving 35 in a 60mph zone 43560
How do you find the area of a triangle?
BxH/2 (all triangles are 1/2 of a square or rectangle LxW/2)
What is a trapezoid?
A four-sided figure with two parallel lines (A+B) unequal length
How do you find the area of a trapezoid?
A+B/2 X Height (height is measured at right angle)
How do you find the volume of a square or rectangle?
length times width times height
How do you find the volume of a triangle?
BxHxD/2 (Depth, width, thickness)
How many cubic feet are in a cubic yard?
27
What is the power formula?
P
/
W x R Whole, Part, Rate (both P and R need to refer to the same thing)
How can you use the power formula?
To determin commission, mortgage interest, capitalization, profit or loss, appreciation or depreciation, percentage of loan, points and origination fee, Ad Valorum or Assessment.
How many acres are in a square mile?
640 acres
What is a square mile called?
a section
How many sections are in a township
36 sections, 36 square miles
What is 1/2 mile squared?
160 acres
How many feet are in a mile?
5280 feet.
What is a mill
1/1000
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