i- 10% P/F A/P 0.9091 A dairy farm has the following cash estimates: • Land price -$1000,000; estimated to last for a very long time cost of buildings and equipment $200,000; estimated to last for 10 years • Operation cost of the farm $3,000 per year Cow raising cost $1,000 per cow per year Cow purchase price $2500 per cow • Average life per cow 5 years Milk production rate 7,000 kg per cow per year Milk selling price $0.70 per kg A/F 1.0000 0.4762 PIG 0.000 0.826 1 1.1000 0.8264 0.5762 2.329 4.378 6.862 3 0.7513 0.4021 0.3021 4 0.6830 0.3155 0.2155 0.6209 0.2638 0.1638 0.2296 0.2054 0.1874 0.1736 0.5645 0.1296 9.684 0.5132 0.1054 12.763 16.029 19.421 0.4665 0.0874 0.4241 0.0736 10 0.3855 0.1627 0.0627 22.891 Using annual worth estimates with an interest rate of 10% per year, determine the number of cows that should be raised in the farm. 5670
i- 10% P/F A/P 0.9091 A dairy farm has the following cash estimates: • Land price -$1000,000; estimated to last for a very long time cost of buildings and equipment $200,000; estimated to last for 10 years • Operation cost of the farm $3,000 per year Cow raising cost $1,000 per cow per year Cow purchase price $2500 per cow • Average life per cow 5 years Milk production rate 7,000 kg per cow per year Milk selling price $0.70 per kg A/F 1.0000 0.4762 PIG 0.000 0.826 1 1.1000 0.8264 0.5762 2.329 4.378 6.862 3 0.7513 0.4021 0.3021 4 0.6830 0.3155 0.2155 0.6209 0.2638 0.1638 0.2296 0.2054 0.1874 0.1736 0.5645 0.1296 9.684 0.5132 0.1054 12.763 16.029 19.421 0.4665 0.0874 0.4241 0.0736 10 0.3855 0.1627 0.0627 22.891 Using annual worth estimates with an interest rate of 10% per year, determine the number of cows that should be raised in the farm. 5670
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,