Waec Model Questions Vol1 2018 Agricultural Science Question 8
Practice objective / multiple choice question 8 from the 2018 Waec Model Questions Vol1 Agricultural Science examination.
A pine plantation is managed on a 30‑year rotation. At the end of the rotation each hectare yields 120 m³ of timber, selling at ₦2,500 per m³. Replanting after harvest costs ₦150,000 per hectare. Annual management (thinning, protection, etc.) costs ₦12,000 per hectare each year. Using a discount rate of 8 % per annum, calculate the Net Present Value (NPV) of one rotation per hectare. State whether the rotation is economically viable (NPV > 0).
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About This Question
This is Waec Model Questions Vol1 2018 Agricultural Science Question 8. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Agricultural Science examination.
Difficulty level: Hard .
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