What will value of land be for use during this time period

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A farmer uses a piece of land with the following accounting costs to grow a crop worth $1800. If a normal rate of return is $100 on such an investment, what will the value of the land be for use during this time period?

$150 for seed $100 for fertilizer $80 for herbicides

$20 for water $150 for labor $600 for equipment

$100 for fuel $200 for taxes

 

Reference no: EM13160552

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