A piece of land in Ottawa with an area of 0.4 square kilometers is priced at 5600 Canadian dollars. If there are 1.358 Canadian dollars per (U.S.) dollar, then what is the price in dollars per squaremile?

5600/0.4•1.358=10309.3 USD

To find the price in dollars per square mile, we need to convert the area from square kilometers to square miles and then divide the price by the converted area.

First, let's convert the area from square kilometers to square miles.

1 square kilometer is equal to 0.386102 square miles. So, to convert 0.4 square kilometers to square miles, we can multiply it by the conversion factor:

0.4 square kilometers * 0.386102 square miles = 0.1544416 square miles.

Now we have the area in square miles.

Next, let's calculate the price in dollars per square mile.

Given that the price of the land is 5600 Canadian dollars, and there are 1.358 Canadian dollars per U.S. dollar, we need to convert the price to U.S. dollars.

To convert Canadian dollars to U.S. dollars, we can divide the price by the exchange rate:

5600 Canadian dollars / 1.358 = 4116.74 U.S. dollars.

Now we have the price in U.S. dollars.

Finally, we can calculate the price per square mile by dividing the price in U.S. dollars by the area in square miles:

Price per square mile = 4116.74 U.S. dollars / 0.1544416 square miles ≈ 26,683.04 U.S. dollars per square mile.

Therefore, the price in dollars per square mile is approximately 26,683.04 U.S. dollars.