The Hendersons have just bought a home that requires some monthly yard maintenance. They are trying to decide if they should hire a professional lawn care service to maintain the property or do it themselves. Below are the costs associated with both options: Professional Service Option Do-It-Yourself Option $75 for the first month $250 lawnmower $45 per month after initial visit $135 edger Includes mowing and edging the lawn, trimming the bushes, and raking the leaves. $69 hedge trimmer $25 rake How long would it take before the Hendersons would recover their costs if they chose to do it themselves over the professional service

Answers

Answer 1

Answer: 10 months

Explanation:

It would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.

Here is how;

Doing it themselves would cost -

$250 - For a lawnmower

$135 - For an edger

$69 - For a hedge trimmer

$25 - For a rake

Summing these up gives $479

It would cost the Hendersons $479 to purchase equipments to carry out their monthly yard maintenance themselves.

On the other hand, if they were to hire a professional service, it would cost

• $75 for the first month and

• $45 for subsequent months

So, $45 * 9months = $405

$405 + $75 (for the initial month) = $480

Comparing the $480 for a professional to the $479 it would cost to purchase equipment and do it themselves, it would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.

Answer 2

If the Hendersons chose to go Do-It-Yourself Option over the Professional Service Option, it would take them 10 months to recover their investment in the purchase of Lawnmower and Rake.

Data and Calculations:

Costs of Maintenance Options:

                                         Professional      Do-It-Yourself

                                      Service Option           Option

First month                                $75                   $250

Monthly Fee after first month     45

Edger                                                                     135

Hedge Trimmer                                                     69

Rake                                                                       25

Total Do-It-Yourself Costs                               $479

First month payment for professional service (75)

Total costs less Professional Service (first)  $404

The number of months to recover costs = 10 months ($404/$45) + 1)

Thus, if the Hendersons chose to go Do-It-Yourself Option over the Professional Service Option, it would take them 10 months to recover their investment in the purchase of Lawnmower and Rake.

Learn more about Do-It-Yourself v. Professional Service options here: https://brainly.com/question/13171394


Related Questions

Sebastian buys his coffee every month for $25 at a local coffee shop. At a local warehouse store with a $60 annual fee, he can purchase the same coffee for $15. What is the BEST financial advice for Sebastian when it comes to purchasing his coffee?

A. He should buy coffee at the warehouse store because at the end of the year he will have saved money.

B. He should buy coffee at the coffee shop because at the end of the year he will have saved money.

C. It doesn’t matter where he buys the coffee; the price is exactly the same after 12 months.


D. If he buys coffee for only five months, he should just buy it at the coffee shop because it will be cheaper.

Answers

Answer:

A. He should buy coffee at the warehouse store because at the end of the year he will have saved money.

Explanation:

if he continues to buy his coffee at the local shop it will cost $300 at the end of the year. If he buys from the warehouse it will cost $240 at the end of the year.

The answer is A because paying the 60 dollars is a one time thing so for every other time he buys coffee it’ll be 15 dollars, way cheaper than 25

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Answers

Answer:

. ...........

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Tom just started a new job. His supervisor appreciates the way Tom is quick
to respond to emails, and is courteous and professional when talking to
clients. Which of these soft skills is Tom demonstrating?
A. Planning skills
B. Flexibility
C. Creativity
D. Communication skills

Answers

Answer:

communication skills

Explanation:

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TRUE OR FALSE
A laissez-faire style leader will communicate goals to employees but then allow them to choose how to complete them

Answers

Answer:

The Answer is gonna be False

This is the right Answer :3

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From the perspective of the ____, the price at which a unit is exchange is the marginal cost of that unit

Answers

Answer:

From the perspective of the SELLER, the price at which a unit is exchange is the marginal cost of that unit

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Answers

Answer:

you get brainlyist by answering questions. not making them

Answer:

ill give u brainlest tete

Explanation:

Todd, a travel agent, lost his job due to no need for his skill. This is an
example of what type of unemployment?
A. Cyclical unemployment
O
B. Voluntary unemployment
C. Structural unemployment
D. Frictional unemployment

Answers

The answer is be because the he chose to leave I think

Barbers give a price discount to kids. According to price discrimination, if barbers use price discrimination, this implies demand for hair cuts by kids is more elastic. a. True b. False

Answers

Answer:

a. True

Explanation:

Since in the given situation, it is mentioned that the barbers give high discount to the kids, Now in the case of price discrimination when barber used this strategy so it shows that the demand of the hair cust would be more elastic as it earned high profits as compared when he dont use this strategy as this shows the less profits  earlier

So the given statement is true

Why are people attracted to goat Chyangra and sheep farming?

Answers

Answer:

Provision of simple shed with low cost housing materials is enough for sheep and goat for its optimum production efficiency. The sheds should be constructed in an elevated area to prevent water stagnation. Fodder trees can be grown around the shed, which acts as a source of feed for the growing goats.

When you purchase shares of a company in the market, who are you buying those shares from?

Answers

Answer:

Normally, you are buying those shares from someone who already owns them. You are not buying them directly from the company itself, but instead someone who owns shares from the company, called a shareholder or stockholder.

Explanation:

I hope this helps! :)

Investors in stocks could be large entities like commercial banks, or they could be individuals just like you. Rather than buying the shares from the issuing company, you buy them from someone who already owns them. Most major stock exchanges engage in trading from 9:30 am to 4 pm, known as trading hours.

A firm's demand for labor is known as a derived demand because the firm gains utility from hiring more labor the firm gains utility from hiring more labor A the wage rate paid to workers depends on the demand for labor the wage rate paid to workers depends on the demand for labor B the amount of labor demanded depends on the amount of capital invested the amount of labor demanded depends on the amount of capital invested C the amount of labor demanded depends on the demand for the firm's product the amount of labor demanded depends on the demand for the firm's product D the firm will benefit from hiring additional labor

Answers

Answer:

The correct answer is the option C: The amount of labor demanded depends on the demand for the firm's product.

Explanation:

To begin with, in the microeconomics theory we can find the answer to the question base upon the fact that the "derived demand" of labor is known like that because it will always depend on the amount of output that the company sells. Therefore that the amount of labor hired is derived from the amount of product sold. Understanding that if the company sells more of its product then it will hire more workers in order to increase the offer, according to basic supply laws. And that is why that obviously the demand ends up being dependent from the demand of the product itself.

Influencers, deciders, and gatekeepers are examples based on segmentation
by.
A. type of organization
B. type of industry
C. location
D. role in the buying center

Answers

I would say D makes the most sense

How important is financial planning for your future?

Answers

Explanation:

Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.

Help if yk pls and thank uu

Answers

the awnser is sales tax:)

Answer:

option 2 is the correct answer

personal finances-- multiple choice!
Marisa has gathered a pile of financial documents from the past year showing money she has taken in. She received money from alimony, child support, investment income, and unemployment compensation. She totals it all up to try to determine her gross income, but you know that she is making a mistake. What would you tell Marisa so she can correct her total?
Group of answer choices

Child support is not included in gross income calculations.

Unemployment compensation is not included in gross income calculations.

Alimony is not included in gross income calculations.

Investment income is not included in gross income calculations.

Answers

D. Investment income is not included in gross income calculations.

Answer:

Child support is not included in gross income calculations (Gradpoint)

Explanation:

Give three reasons why building apps might not be the sole source of income for an individual.

Answers

Here are the top six reasons why apps fail and how you can avoid them. App development projects fail and identify areas for improvement so you can. Not only is audience research necessary for developing an app that. For example, iOS users typically have a higher income and more education than Android users.

Hope this helps :)

Your boss asks you to write a press release about a client's new product. He edits your draft, adding information about the product that you know to be incorrect. What do you do?

Answers

Answer: In the above scenario,I would decline carrying out the task when I know information given to me would falsify or tarnish the image of the client

Explanation:

Integrity is vital in the world today. It could be a test indirectly for an opportunity tomorrow and when you fail there is a high probability those who used you for such would trust you because the would think you can easily be swayed.

In the above scenario,I would decline carrying out the task when I know information given to me would falsify or tarnish the image of the client. Integrity is a good name that keeps bearing fruit forever.

When a third party receives an unwarranted cost, it is called a...

O private cost
O negative externality
O market failure
O positive externality​

Answers

Answer:

negative externality

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

In Economics, a positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.

On the other hand, a negative externality arises when the production or consumption of a finished product or service has a negative effect and/or impact (cost) on a third party.

This ultimately implies that, a negative externality is generated when a third party receives or bears an unwarranted cost. Some examples of a negative externality is John declining to buy his favorite candy due to an increase in its price, a manufacturing plant that causes noise and pollution to the people living around where it is situated, etc.

Which investment has the least amount of default risk?
A)
junk bonds
B)
common stocks
c)
corporate bonds
D)
US Treasury bonds

Answers

Answer:

D....U.S. Treasury Bonds!

I need help on this

Answers

Answer: fra

Explanation:

Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time of the sale?

Answers

Answer:

$24

Explanation:

500 * 18 = $9000 worth of stock initially.

She sells with a $3000 gain, which means the value of the stock is $12000

12000/500 = $24

Summarize what is a mutual fund!

Answers

Answer:

investment strategies that allow you to pool your money together with other investors to purchase a collection of stocks, bonds, or other securities that might be difficult to recreate on your own

Explanation:


Federally-funded grants require the student to...

earn above average grades.

have a membership in a high school club.

perform volunteer work for a local community
agency.

have financial need only.

Answers

Answer:

Explanation:

have financial need only

Federally-funded grants typically require students to have financial need only, as they are designed to provide financial assistance to students who may not have the means to pay for their education. Therefore, option D is correct.

Federally-funded grants are financial assistance programs provided by the government to support students in pursuing their education. These grants are typically awarded based on financial need, considering factors such as income, family size, and assets.

They aim to ensure that students from low-income backgrounds have access to higher education opportunities. Unlike loans, grants do not need to be repaid, making them an attractive form of aid.

Federal grants include programs like the Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG), among others.

Learn more about Federally-funded grants here:

https://brainly.com/question/20408020

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Which person would most likely have a good credit report?
O A. Mark has been in the same job for eight years and the same house
for 10 years, and he always pays his bills on time.
B. Coree has applied for several credit cards, and she recently lost
her job.
O C. Andrew always pays his bills on time, and he has monthly credit
payments of 20% of his take-home pay.
O D. Ashley has never had a credit card
SUB

Answers

Answer:

The answer is A

Mark who is always paying his bills on time

Merchandise is purchased for $6,000 on September 2 subject to terms of 1/10, n/30, FOB destination. Freight costs paid by the seller totaled $131. What is the cost of the merchandise if paid on September 12, assuming the discount is taken

Answers

Answer:

Given:

invoice price of $6,000 is purchased on September 2 subject to terms of 2/10, n/30, fob destination.

freight costs paid by the seller totaled $200

Payment is made on September 12.

The payment is net of discount because September 12 is still within the discount term of 10 days.  

6,000 x 2% = 120

6,000 - 120 = 5,880

The required payment if paid on September 12 is 5,880.

The freight cost paid by the seller is recognized by the seller as an expense. The buyer does not need to refund said freight cost because the ownership of the merchandise has not yet been transferred to the buyer. FOB destination means that the transfer of ownership from seller to buyer happens when the merchandise arrives at its destination or buyers address.

Hope this answer helps you :)

Have a great day

Mark brainliest

Who are the top three trading partners with the US?

Answers

China, Canada and Mexico

Answer: China, Canada, and Mexico.

You will write a draft of introductory email or communication to request a job shadowing experience or interview with a member of the community who works in a helping profession. The first paragraph should define the request for the job shadow experience/interview, including dates, times, and expectations of the job shadow experience. In the second paragraph, describe yourself including your career and personal goals and alignment to the job shadow experience, e.g., what you hope to learn. The third paragraph should close the request

Answers

Answer:

https://prehealth.wisc.edu/wp-content/uploads/2016/06/Sample-Shadowing-Request-E-mail.pdf

Explanation:

i made this link for you, its an essay

Refer to exhibit 24-7. the maximum profits earned by a single-price monopolist producing good x are

Answers

Answer:

$4,500

Explanation:

hope i helped :)

What the the importance of modernization in business? ​

Answers

Answer:

6 Key Reasons Why Business Modernization Is Important

It's about improving the customer experience and engaging with your shoppers on a deeper level. It improves efficiency, add convenience, grows communication, increases customer outreach, builds more security, and expands marketing channels.

Under the deemed substantiation method of accounting for expenses, what is the maximum amount taxpayers are allowed as a deduction without being required to substantiate the amount of the expenses? a.The per diem rate established by the state in which they live. b.The appropriate Federal per diem amount. c.All expenses up to $25 per day. d.$75 per day. e.None of these choices are correct.

Answers

Answer:

b. The appropriate Federal per diem amount.

Explanation:

These special diem per rates for taxpayers would be used in substantiating the ordinary amount and important business expenses that are expense at the time when travelling to be done especially the special transportation industry meal and rates of incidental expenses, the deduction with respect to the incidental expenses, and the rates & high-cost localities list for the motive of the high-low substantiation method.

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