It could be clarified more. Are you budgeting? If it is £7,450 per Ha per
annum that is present value (PV). Over 10 years you should be considering
both inflation (future value FV of the £) and any chnages in the regeim. If
the 10 year amount is to be set aside today, say someone pays a penalty,
then you'd have the use of the funds in the interim and the rate of interest
would be discouted. The accountants will have all the proper maths for
adjustment.
----- Original Message -----
From: "chris.hastie" <Chris.Hastie@xxxxxxxxxx.gov.uk>
To: "UK Tree Care" <uktc@xxxxxx.tree-care.info>
Sent: Thursday, December 30, 2004 7:52 AM
Subject: RE: Woodland Management
On 30 December 2004 12:43, Elton Watson wrote:
Richard ,
Your maths is horrible , should be £7450.
Er, yours is worse Elton! Richard is right for what he states, £74,500 per
Ha for ten years, though that seems a strange way to quote it. £7,450 per Ha
per annum makes more sense.
--
Chris Hastie
Strategy Officer (Arboriculture)
Warwick District Council
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