Determine whether biomass is profitable if a rate of return

Reference no: EM13206604

A biomass plantation operator can invest $1,000 today to plant a new crop of trees, which, is estimated, can be sold at a net gain(sales-harvesting costs) of $10,000 in 40 years. Determine whether this is profitable if a rate of return of 7%/yr is desired.

Reference no: EM13206604

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