A 40-acre christmas tree plantation produces 3500 of net


A 40-acre Christmas tree plantation produces $3,500 of net revenue per acre every 9 years. If the interest rate is 8%, what is the maximum amount money you should be willing to pay to acquire the plantation when the first cash flow is 9 years away?

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Business Economics: A 40-acre christmas tree plantation produces 3500 of net
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