Suppose the value of timber (already planted on some given land) is the following increasing function of time; V = 1000(2)V And the interest rate is 6%; the correspond number is infinite; there is no upkeep cost during the period. What is the optimal timing to cut all trees and sell? |3D O a. 25 years O b. Just five years O C. Almost 39,1 years O d. Almost 33,4 years O e. Almost 12 years

Suppose the value of timber (already planted on some given land) is the following increasing function of time; V = 1000(2)V And the interest rate is 6%; the correspond number is infinite; there is no upkeep cost during the period. What is the optimal timing to cut all trees and sell? |3D O a. 25 years O b. Just five years O C. Almost 39,1 years O d. Almost 33,4 years O e. Almost 12 years

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.

Question

Suppose the value of timber (already planted on some given land) is the following increasing
function of time;V = 1000(2)vt And the interest rate is 6%; the correspond number is infinite;
there is no upkeep cost during the period. What is the optimal timing to cut all trees and sell?
O a. 25
5 years
b. Just five years
O C. Almost 39,1 years
O d. Almost 33,4 years
O e. Almost 12 years

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