A Farmer Spends $100 000 to Plant Fruit Trees

question 25

Multiple Choice

A farmer spends $100 000 to plant fruit trees. It will take four years for the trees to provide a usable crop. He estimates that every year for 20 years after that he will receive a crop worth $10 000 per year. If the discount rate is 8%, what is the net present value (NPV) of this investment?

• A)-$12 897
• B)-$27 834
• C)$108
• D)$3 268

Determine appropriate class intervals for data distribution.

Appreciate the importance of clear and accurate labeling and scaling in graphical data representation.

Recognize the effect of chart elements (e.g., text and labels) on data communication.

Differentiate between various types of graphs and their applications.

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Definitions:

Storage Fat

Body fat that is stored for energy reserve, which also provides insulation and protection for internal organs.

Body Image

A person's perception of their physical appearance, which may or may not align with societal standards or actual physical characteristics.

Population Surveys

Research methods that collect data from a specific population or sample to gather insights on various aspects like health, opinions, or social conditions.

Overweight

A condition characterized by having more body weight than is considered healthy for a certain height, often measured by Body Mass Index (BMI).