Answer:
$13764 ; $247752 ; $173426 ; $259740
Explanation:
1 white pine = 62 board feets
Density of white pine = 120 trees per acre
Wholesale price per board foot = $1.85
The value per acre of white pines
(Number of board foots per white pine) * (Number of white pines per acre) * (wholesale price per board foot)
(62 * 120 * $1.85) = $13,764
B.) Amount Realized on harvesting 18 acres
Value per acre * 18
$13764 * 18
= $247752
C.)
Amount charged by timber company = 30% of wholesale price
Total wholesale amount realized on 18 acre = $247752
Amount left after paying timber company :
$247752 - (0.3 * $247752)
= $173426.4
= $173426 (nearest dollar)
d.
Amount made now : = $247752
After 10 years :
The value per acre of white pines
(Number of board foots per white pine) * (Number of white pines per acre) * (wholesale price per board foot)
(127 * 120 * $1.85 * 18) = $507492
$507492 - $247752 = $259740
