Math in the Workplace: Overview

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Math in the Work Place

Math in the Workplace - Geometry

IDAHO STATE TAX COMMISSION

Analyze and Collect Taxes
GIS Analyst

 

Job Description: Perform geographical analysis on land values, land types, and determine fair market values over different geographical areas.
   


Problem:

Jim, an appraiser, needs to find the value of a lot in a subdivision. He knows that land prices in this particular area are selling at $6.25 per square foot. diagram

Jim has the following lot to appraise, but he must first find the square footage to determine the appraised value of the lot.

solution

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Solution:

Area of circle = pr2
= Ѕ (pr2)
= Ѕ (p(25)2)
= 981.75 sq. ft.
 
Area of square = length x width
= 75 ft. x 50 ft.
= 3,750 sq. ft.

Square + half circle = 3,750 + 981.75 = 4,731.75 sq. ft.

$6.25 x 4,731.75 = $29,573.44