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circularvortex
Bass Head
Registered: 08/31/06
Posts: 12,148
Loc:
Last seen: 25 days, 14 hours
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Need help on some homework (math/finance related)
#11200157 - 10/07/09 12:01 PM (14 years, 5 months ago) |
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I'm having trouble figuring out what this guy wants me to do here...maybe some of you cats can help me out.
The average annual timber yield for a 2500 acre management area was reduced from $30 per acre to $20 per acre by a prescription to enhance wildlife and domestic forage production. If the increase in forage is valued at $1.50 per acre per year (say from grazing leases), what is the present value of the increased wildlife benefits for the whole management area needed to equal the net reduction in commercial values? Assume a planning horizon of 50 years and an alternate rate of return of 7 percent.
The end answer is 293,265.86
I don't really know what the fuck I'm supposed to do to get to that, though.
-------------------- No statements made in any post or message by myself should be construed to mean that I am now, or have ever been, participating in or considering participation in any activities in violation of any local, state, federal, or fashion police laws. All posts are works of fiction. For well you know that its a fool who plays it cool By making his world a little colder. Under closer inspection I realised it was a funky ball of tits from outer space.
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Nuggetpouch
Registered: 08/07/04
Posts: 2,035
Last seen: 10 years, 11 months
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Re: Need help on some homework (math/finance related) [Re: circularvortex]
#11200176 - 10/07/09 12:04 PM (14 years, 5 months ago) |
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May I recommend a fabulous website to you?
www.interactmath.com
they even have it so you enter the edition and name of your text book, then pick a chapter, then pick an exercise!
then there are simulations that guide and instruct you through the problem step by step
this website must have saved me 1,000s of dollars in tutoring and saved my ass countless times.
-------------------- My statistical assumption is that chemical tapering should begin when the rate of visiting ODD exceeds the rate of visiting Pub, or any other Shroomery forum.
Edited by Nuggetpouch (10/07/09 12:05 PM)
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circularvortex
Bass Head
Registered: 08/31/06
Posts: 12,148
Loc:
Last seen: 25 days, 14 hours
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Re: Need help on some homework (math/finance related) [Re: Nuggetpouch]
#11200187 - 10/07/09 12:06 PM (14 years, 5 months ago) |
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Ah, thanks for the recommendation, but I don't think it'll help me here. The teacher doesn't really follow a text book. Quite infuriating.
-------------------- No statements made in any post or message by myself should be construed to mean that I am now, or have ever been, participating in or considering participation in any activities in violation of any local, state, federal, or fashion police laws. All posts are works of fiction. For well you know that its a fool who plays it cool By making his world a little colder. Under closer inspection I realised it was a funky ball of tits from outer space.
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Noetical
Flip Horrorshow
Registered: 11/28/04
Posts: 9,230
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Re: Need help on some homework (math/finance related) *DELETED* [Re: circularvortex]
#11200420 - 10/07/09 12:45 PM (14 years, 5 months ago) |
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Post deleted by NoeticalReason for deletion: NVM figured it out - silly
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Noetical
Flip Horrorshow
Registered: 11/28/04
Posts: 9,230
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Re: Need help on some homework (math/finance related) [Re: Noetical]
#11200487 - 10/07/09 12:55 PM (14 years, 5 months ago) |
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Never mind - got it.
$30 = commercial stream a
$20 = commercial stream b
$1.5 = forage stream c
"X" = wildlife stream d
Rate is 7
find the diff between PV of 30 for 50 yrs vs the PV of 21.5 for 30 yrs at (7%)
then that is X and your answer
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