The value of a tract of timber is V(t) = 100,000e 0.8t where t is the time

Question:

The value of a tract of timber is V(t) = 100,000e^0.8√twhere t is the time in years, with t = 0 corresponding to 2010. If money earns interest continuously at 10%, then the present value of the timber at any time t is A(t) = V(t)e^-0.10t.

Find the year in which the timber should be harvested to maximize the present value function.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Calculus Of A Single Variable

ISBN: 9781337275361

11th Edition

Authors: Ron Larson, Bruce H. Edwards

See More Books

Question Posted: May 04, 2023 03:12 AM

See More Questions

Toplob Inc. ("Toplob") provides employment consulting services. These services range from maintaining payroll records to taxation services, as well as general business advisory and consulting to new...
Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
In Problem 10.16, we projected financial statements for Walmart Stores, Inc. (Walmart) for Years +1 through +5. The data in Exhibits 12.17-12.19 (pages 948-950) include the actual amounts for 2012...
The administrator of Hope Hospital has been asked to perform an activity analysis of the emergency room (ER). The ER activities include cost of quality and other patient care activities. The lab...
PAL Corporation acquired 40% of the outstanding preferred stock of Saltz, Inc. for $60,000 and 90% of that firms outstanding common stock for $600,000 on January 1, 2010. On the date that the...
Show that a) x2 is o(x3). b) x log x is o(x2). c) x2 is o(2x ). d) x2 + x + 1 is not o(x2).
Why is attitude so important to successful closing? What are some aspects of a positive attitude that you believe contribute to success in closing (and in selling in general)?
Southwick Homes, Ltd., develops and markets residential subdivisions. William McLinden and Ronald Coco are the primary owners of Southwick Homes. Coco is also the president of Mutual Development Co....
Suppose and based on the publication of the Ministry of Health, Pizza is considered a harmful item and causes overweight problems, and this leads to consumption reduction. Explain graphically the...
At June 30, 2022, the end of its most recent fiscal year, Green River Computer Consultants post-closing trial balance was as follows: The company underwent a major expansion in July. New staff was...
Find the general solution of the first-order differential equation for x > 0 by any appropriate method. dy/dx = e 2x + y /e x - y
Find an equation of the curve that passes through the point and has the given slope. (1, -2), y' = y/8x
Use the information given in the following figure to construct a mathematical model for the number of pounds of salt x 1 (t), x 2 (t), and x 3 (t) at time t in tanks A, B, and C, respectively....
Social Security will give me the following amounts per year, depending on when I retire: Age 62 $28,680/yr till death Age 65 $35,304/yr till death, and no Social Security benefit before then. Age 67...
Identify 2 elements of the National Quality Standard, as well as any one relevant legislation and regulation governing the physical environment in relation to sustainability and the natural world....
Can Baby Charlie's medical insurance provide international coverage? Additionally, what are alternative financial payment option to cover the cost what organization in the US can assist with funding...
summarize the devotion reading and discuss how this relates to your own life. Why is living with virtue important? What are some of the main distractions in life that keep us from living a virtuous...
Based on this week's readings, how does IT best support and drive change across the enterprise? What is the role of the CIO/IT leader? Support your discussion with this week's readings and other...
Explain the relationship between dividends and earnings and profits.
For the following exercises, rewrite the sum as a product of two functions or the product as a sum of two functions. Give your answer in terms of sines and cosines. Then evaluate the final answer...
In Exercises use trigonometric substitution to find or evaluate the integral. x-9 X dx, x > 3
In Exercises use trigonometric substitution to find or evaluate the integral. S - 12 x 4x dx
In Exercises determine whether the improper integral diverges or converges. Evaluate the integral if it converges. 4 1 x(In x) dx
An S-Corporation has beginning balances in AAA of $300,000, E&P of $200,000, and OAA of $100,000. Sally has a beginning balance in her Stock Basis of $400,000. Sally makes $10,000 contribution for...
A sole proprietor has a business with the following assets: UCC at * 21 years remain The following transactions occurred during the year: Purchased additional computer equipment for $17,000. Sold...
Advance Inc. manufactures beach umbrellas and reclining beach chairs. Due to unseasonably warm weather, Advance received a large order for 400 umbrellas and 2,200 chairs. Each umbrella sells for $48,...

The value of a tract of timber is V(t) = 100,000e 0.8t where t is the time

Question:

Step by Step Answer:

We need to determine the largest value of At with regard to t in order to determine the year ...View the full answer

Calculus Of A Single Variable

Students also viewed these Mathematics questions