Question: An acre planted with walnut trees is estimated to be worth $1,796,875 in 23 years. If you want to realize a 35 percent rate of
An acre planted with walnut trees is estimated to be worth $1,796,875 in 23 years. If you want to realize a 35 percent rate of return on your investment, how much can you afford to invest per acre? (Ignore all taxes and assume that annual cash outlays to maintain your stand of walnut tree are nil.) : $926.94 $1,508.33 $1,271.18 $1,806.51
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