Category: | Museum, |
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Address: | Riverview, FL 33578, USA |
Postal code: | 33578 |
Phone: | (773) 943-6151 |
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Example 5.5 (Complexico mine) The Complexico mine is to! lease This mine has. been WOl ked heavily and is approaching depletion It is becoming Complexico mine The intelest rate is 10% How much is this lease worth? To solve this pIOblem we must know how to opel ate the mine optimally over.
8. {Complexico mines) Consider the Complexico mine and assume a 10% constani interest rate; also assume the price of gold is constant at $400/oz. (a) Find the value of the mine (not a 10-year lease) if the current deposit is xti In particular, how much is the mine worth initially when ,v„ = 50,000 ounces?
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