Gce Model Questions Vol1 2025 Agricultural Science Question 31
Practice objective / multiple choice question 31 from the 2025 Gce Model Questions Vol1 Agricultural Science examination.
A forest stand of a fast‑growing species has the following mean merchantable volume (m³ ha⁻¹) at different ages: 20 yr → 30, 30 yr → 70, 40 yr → 110, 50 yr → 140, 60 yr → 160. Assume that after 60 yr growth is negligible. The discount rate is 4 % per annum. Using the Faustmann present‑value formula (PV(T)=\dfrac{V(T)}{(1+i)^{T}}\), where (V(T)\) is the volume at age (T\) and (i\) is the discount rate, determine the rotation age (among the ages given) that maximises the present value. Give your answer in years.
Answer Options
About This Question
This is Gce Model Questions Vol1 2025 Agricultural Science Question 31. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Agricultural Science examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.