A 56,000-lb load of wet corn (like you tested today) is being sold to a grain...

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A 56,000-lb load of wet corn (like you tested today) is being sold to a grain elevator. The corn price is $5.00 per bushel. The discount for wet corn is computed as follows: • Drying charge is $0.03 per wet bushel per point above 15.5% moisture a. Derive an equation for Cash Value = f (moisture content) b. Compute the cash values of this load (the price the farmer will receive) using the highest moisture value is 39.2% and the lowest moisture value of 22.8% A 56,000-lb load of wet corn (like you tested today) is being sold to a grain elevator. The corn price is $5.00 per bushel. The discount for wet corn is computed as follows: • Drying charge is $0.03 per wet bushel per point above 15.5% moisture a. Derive an equation for Cash Value = f (moisture content) b. Compute the cash values of this load (the price the farmer will receive) using the highest moisture value is 39.2% and the lowest moisture value of 22.8%

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a The equation for cash value will be as follows Suppose we ... View the full answer