Question 704906
The price of corn is $6.21 cwt. (per 100 weight = per hundred pounds). There are 56 pounds of corn per bushel. A farm has 160 acres of corn that yields 200 bushels per acre. How much money will the farmer make on the crop?
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Income = (160*200*56/100)*6.21 = $111,283.20
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Cheers,
Stan H.
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