math Flashcards
How many inches in 1 foot?
12 inches
How many feet in 1 yard?
3 feet
1 rod, 1 perch, or 1 pole equals how many feet?
16.5ft
66 feet equals what?
1 chain
How many feet in a mile?
5,280 feet
144 square inches equals?
1 sq ft
9 square feet equals
1 sq yd
30¼ square yards equals
1 sq rod
160 square rods equals
1 acre
43,560 square feet equals
1 acre
640 acres equals
1 sq mile
1 square mile equals
1 section
36 sections equals
1 township
1,728 cubic inches equals
1 cubic foot
27 cubic feet equals
1 cubic yard
144 cubic inches equals
1 board foot (12” x 12” x 1”)
interest formula
Interest = Percent x Rate x Time
loan to value ratio formula
loan / value = ratio
original cost of a property formula
cp = sp / p
;cost of a property (cp)
selling price (sp)
profit percentage (p).
What is the formula for profit on the sale of a property?
investment x percent of profit = dollars in profit
What is the formula for loss on the sale of a property?
investment x percent of loss = dollars lost
What is the formula to calculate value using the income approach to value?
annual net income / rate of return = investment value
What is the formula to calculate annual net income?
investment (or value) x capitalization rate = annual net income
(investment x rate = annual net income)
Depreciation rate formula
100% of value divided by the useful life equals the percentage loss in value each year.
v / useful life = percent lost each year
A section contains
640 acres
A half section contains
320 acres
A quarter section contains
160 acres
A half of a quarter contains
80 acres
A quarter of the quarter contains
40 acres
