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Imagine you have a large plot of land ideal for planting a forest.
First you plant the trees...
Click below to find out the costs of planting.
Then, after 10 years, the forest is thinned to give the remaining trees more room to grow.
The forest needs to be thinned again after another 10 years.
The wood from the thinning is sold. Click below to see the rates.
Finally, the time will come when you cut down all the trees in the forest and sell the timber. You might decide to do this 30 or 40 years or even longer after first planting your trees! Nobody said this was a "get rich quick" scheme...
Click below to see how much profit you will make from selling your timber, depending on when you choose to cut down your trees.
What strategy will maximise the profits for you and your family in the decades to come?
Here are some questions you could consider
What's the maximum profit you could make after 100 years?
You have two bags, four red balls and four white balls. You must put all the balls in the bags although you are allowed to have one bag empty. How should you distribute the balls between the two bags so as to make the probability of choosing a red ball as small as possible and what will the probability be in that case?
To win on a scratch card you have to uncover three numbers that add up to more than fifteen. What is the probability of winning a prize?
At Holborn underground station there is a very long escalator. Two people are in a hurry and so climb the escalator as it is moving upwards, thus adding their speed to that of the moving steps. ... How many steps are there on the escalator?