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    Business
  3. Study Set
    Microeconomic Theory Basic
  4. Exam
    Exam 15: Capital and Time
  5. Question
    If a Tree's Value (V)is Growing According to the Equation
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If a Tree's Value (V)is Growing According to the Equation

Question 13

Question 13

Multiple Choice

If a tree's value (v) is growing according to the equation If a tree's value (v) is growing according to the equation   With an annual interest rate of 5 percent,the tree should be harvested when t =: A) 5 years. B) 10 years. C) 25 years. D) 100 years.
With an annual interest rate of 5 percent,the tree should be harvested when t =:


A) 5 years.
B) 10 years.
C) 25 years.
D) 100 years.

Correct Answer:

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