The cost of paving the parking lot will be $ 40946.40. The directions to the parking lot are provided to us. The cost of a parking lot is $.752 per square foot.
Calculation of the number of acres: 640/ 2×4×4×4×4
= 640/ 512
= 1.25 acres.
The area is 43560 sq. feet.
The area of 1.25 acres is 1.25 × 43560 = 54450 sq. feet.
The cost of paving a parking lot is 54450 × 0.752
The cost will be $40946.40
The parking lot is the area that is left vacant for the parking of the cars in the building. Nowadays, due to the population increase, parking lot has become a necessity. In the older days, this was just considered a luxury and has now become a necessity for people.
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