Answer both questions that are shown in the attached doc.

1.

You are calculating the value of a property for the potential use of a parking lot based on a specific parameter. What is the value of a site that has an area of 14,000 sq ft. It is located 1.60 miles from the CBD. It has space for 35 parking spaces and is next to a bus stop (variable B) what is the value of the parcel value (V) using the equation below: V = SX1 /r2+ PX2 + BX3 Where V = value of the property 5 = area of the property r = distance to the CBD in miles P = number of parking space B = bus stop, where, Yes = 1; No = 0 If X1 = 200 X2 = 800 X3 = 50000 What is, V , the value of the property based on the description of the property. Use the equation provided in this question to calculate this value. Express your answer to the nearest dollar?given the equation. R = Y(p-c) - [(Y) (F) (m)] Where: R=land rent Y=yield per unit of land c=production expenses per unit of commodity p=market price per unit of commodity F=freight rate (per agricultural unit, per mile) m=distance to market. If the values are: Y =3 P = 30 m = 4 F =3 What is R (land rent)? To the nearest integer? For example if your calculation results in a value of 23.1 enter 23