The unit rate is $14.12/ft^2
Here, we want to find the unit rate
The unit rate in this instance is amount in dollars per square foot
We can get this by dividing the amount in dollars by the number of square foot
Mathematically, we have this as;
[tex]\frac{240}{17}\text{ = 14.117647}[/tex]We are told to round this to the nearest hundredth
What this simply mean is two numbers after the decimal point
That would be $14.12 per square foot